Burford Capital Limited (NYSE: BUR) is -13.74% lower on its value in year-to-date trading and has touched a low of $6.93 and a high of $11.20 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BUR stock was last observed hovering at around $7.67 in the last trading session, with the day’s loss setting it -0.64% off its average median price target of $15.48 for the next 12 months. It is also 57.34% off the consensus price target high of $16.48 offered by 4 analysts, but current levels are 45.92% higher than the price target low of $13.00 for the same period.
Currently trading at $7.03, the stock is -13.24% and -17.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.57 million and changing -8.34% at the moment leaves the stock -20.50% off its SMA200. BUR registered -23.17% loss for a year compared to 6-month gain of -13.95%.
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The stock witnessed a -15.91% loss in the last 1 month and extending the period to 3 months gives it a -19.93%, and is -12.67% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.92% over the week and 2.91% over the month.
Burford Capital Limited (BUR) has around 140 employees, a market worth around $1.54B and $174.42M in sales. Current P/E ratio is 234.33. Distance from 52-week low is 1.37% and -37.23% from its 52-week high.
Burford Capital Limited (BUR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Burford Capital Limited (BUR) is a “Buy”. 4 analysts offering their recommendations for the stock have an average rating of 1.50, where 0 rate it as a Hold and 0 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Burford Capital Limited is expected to release its quarterly report on 05/31/2023.
Burford Capital Limited (BUR) Top Institutional Holders
The shares outstanding are 219.05M, and float is at 198.30M with Short Float at 0.35%.
Burford Capital Limited (BUR) Insider Activity
A total of 8 insider transactions have happened at Burford Capital Limited (BUR) in the last six months, with sales accounting for 0 and purchases happening 8 times.
