Bloomsbury Publishing’s (BMY) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Bloomsbury Publishing (LON:BMY) in a research report sent to investors on Wednesday,Digital Look reports. They currently have a GBX 825 price target on the stock.

Separately, Deutsche Bank Aktiengesellschaft upped their target price on shares of Bloomsbury Publishing from GBX 700 to GBX 760 and gave the company a “buy” rating in a research report on Friday, May 29th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 800.

Bloomsbury Publishing Trading Down 1.6%

Shares of BMY opened at GBX 631 on Wednesday. The company has a quick ratio of 1.04, a current ratio of 1.77 and a debt-to-equity ratio of 13.80. Bloomsbury Publishing has a 12-month low of GBX 435 and a 12-month high of GBX 690. The firm has a market capitalization of £510.12 million, a PE ratio of 19.24 and a beta of 0.42. The stock’s fifty day simple moving average is GBX 634.71 and its 200-day simple moving average is GBX 565.23.

Bloomsbury Publishing (LON:BMY) last posted its quarterly earnings results on Wednesday, May 20th. The company reported GBX 45 earnings per share (EPS) for the quarter. The business had revenue of £325.90 million for the quarter. Bloomsbury Publishing had a return on equity of 12.74% and a net margin of 8.28%. As a group, research analysts predict that Bloomsbury Publishing will post 2529.9999179 earnings per share for the current year.

About Bloomsbury Publishing

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.