Berenberg Bank Reaffirms “Buy” Rating for Bloomsbury Publishing (LON:BMY)

Bloomsbury Publishing (LON:BMY)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a research note issued on Thursday, MarketBeat.com reports. They presently have a GBX 825 target price on the stock. Berenberg Bank’s target price would indicate a potential upside of 47.06% from the stock’s previous close.

Bloomsbury Publishing Trading Up 1.6%

BMY stock opened at GBX 561 on Thursday. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 14.44. The company has a market cap of £456.63 million, a price-to-earnings ratio of 20.47 and a beta of 0.65. The business has a fifty day simple moving average of GBX 476.85 and a 200-day simple moving average of GBX 485.86. Bloomsbury Publishing has a 52 week low of GBX 435 and a 52 week high of GBX 654.60.

Bloomsbury Publishing Company Profile

Bloomsbury Publishing Plc publishes academic, educational, and general fiction and non-fiction books for children, teachers, students, researchers, and professionals worldwide. The company offers books and digital resources to international research community and higher education students; online law, accounting, and tax services for the United Kingdom and professionals; and publishing services for corporations and institutions. It serves communities of interest in sports and sports science, nautical, military history, natural history, arts and crafts, and popular science; and offers books for students of the arts, humanities, and social sciences.