Bridgepoint Group (LON:BPT) Trading Up 0.5% – Here’s What Happened

Shares of Bridgepoint Group plc (LON:BPT) shot up 0.5% during trading on Friday . The company traded as high as GBX 264 and last traded at GBX 261.60. 806,547 shares traded hands during trading, a decline of 89% from the average session volume of 7,126,888 shares. The stock had previously closed at GBX 260.20.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. raised their price target on Bridgepoint Group from GBX 395 to GBX 415 and gave the company a “buy” rating in a research note on Monday, January 5th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Bridgepoint Group has an average rating of “Moderate Buy” and a consensus target price of GBX 385.

Bridgepoint Group Price Performance

The firm has a market capitalization of £2.22 billion, a price-to-earnings ratio of 49.36, a P/E/G ratio of 0.61 and a beta of 1.72. The company has a quick ratio of 3.60, a current ratio of 4.98 and a debt-to-equity ratio of 12.89. The company has a fifty day moving average price of GBX 278.20 and a two-hundred day moving average price of GBX 298.63.

Bridgepoint Group Company Profile

Bridgepoint Group plc is a private equity and private credit firm specializing in middle market, small mid cap, small cap, growth capital, buyouts investments, syndicate debt, infrastructure, direct lending and credit opportunities in private credit investments. It prefers to invest in advanced industrials, automation, agricultural sciences, energy transition enablers, business services, financial services, professional services, testing inspection and certification, information services, consumer, digital brands, video games, wellbeing products, health care, pharma and MedTech outsourced services, pharma products, and MedTech Products sectors.