B.P. Marsh & Partners (LON:BPM) Price Target Increased to GBX 625 by Analysts at Jefferies Financial Group

B.P. Marsh & Partners (LON:BPM) had its price objective upped by Jefferies Financial Group from GBX 560 ($7.08) to GBX 625 ($7.91) in a research note published on Wednesday, MarketBeat reports. They currently have a buy rating on the insurance provider’s stock.

B.P. Marsh & Partners Stock Up 0.5 %

BPM stock opened at GBX 502.95 ($6.36) on Wednesday. The company has a current ratio of 44.86, a quick ratio of 21.03 and a debt-to-equity ratio of 0.34. B.P. Marsh & Partners has a 1 year low of GBX 347.20 ($4.39) and a 1 year high of GBX 529.80 ($6.70). The company has a fifty day simple moving average of GBX 488.66 and a 200 day simple moving average of GBX 475.58. The firm has a market cap of £187.25 million, a PE ratio of 736.03 and a beta of 0.72.

B.P. Marsh & Partners Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 26th. Investors of record on Thursday, June 27th will be paid a GBX 5.36 ($0.07) dividend. This represents a dividend yield of 1.13%. The ex-dividend date is Thursday, June 27th. This is a positive change from B.P. Marsh & Partners’s previous dividend of $2.68. B.P. Marsh & Partners’s payout ratio is presently 1,029.41%.

Insider Activity at B.P. Marsh & Partners

In other B.P. Marsh & Partners news, insider Daniel Topping acquired 1,309 shares of B.P. Marsh & Partners stock in a transaction that occurred on Tuesday, June 11th. The stock was acquired at an average price of GBX 496 ($6.27) per share, with a total value of £6,492.64 ($8,212.29). In other news, insider Alice Hannah Daisy Foulk bought 373 shares of the company’s stock in a transaction that occurred on Thursday, April 11th. The shares were purchased at an average price of GBX 482 ($6.10) per share, for a total transaction of £1,797.86 ($2,274.05). Also, insider Daniel Topping bought 1,309 shares of the company’s stock in a transaction that occurred on Tuesday, June 11th. The stock was purchased at an average price of GBX 496 ($6.27) per share, for a total transaction of £6,492.64 ($8,212.29). 83.28% of the stock is owned by company insiders.

B.P. Marsh & Partners Company Profile

B.P. Marsh & Partners PLC engages in the provision of consulting services, making and trading in investments, and financial services businesses in the United Kingdom and internationally. The company primarily invests in financial services intermediary businesses, including insurance intermediaries, financial advisors, wealth and fund managers, and specialist advisory and consultancy firms.