B. Riley initiated coverage on shares of Burford Capital (NYSE:BUR – Get Rating) in a research note issued on Friday, Briefing.com reports. The brokerage set a “buy” rating and a $15.00 price target on the stock. B. Riley’s target price would indicate a potential upside of 96.08% from the company’s previous close.
Separately, Zacks Investment Research raised shares of Burford Capital from a “hold” rating to a “buy” rating and set a $10.00 price target on the stock in a report on Friday, April 1st.
Shares of Burford Capital stock traded up $0.17 on Friday, reaching $7.65. The stock had a trading volume of 1,004 shares, compared to its average volume of 266,648. Burford Capital has a 1 year low of $7.24 and a 1 year high of $12.56. The business’s 50 day moving average is $9.00 and its two-hundred day moving average is $9.71.
Burford Capital Company Profile (Get Rating)
Burford Capital Limited, together with its subsidiaries, provides legal finance products and services. The company offers asset management services, including core legal finance, complex strategies, and post-settlement finance. The company was incorporated in 2009 and is based in Saint Peter Port, Guernsey.
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