Burford Capital Limited (LON:BUR – Get Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,158.09 ($14.65) and traded as low as GBX 999 ($12.64). Burford Capital shares last traded at GBX 1,023 ($12.94), with a volume of 159,734 shares trading hands.
Analysts Set New Price Targets
Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 1,600 ($20.24) target price on shares of Burford Capital in a research note on Tuesday, May 14th.
Read Our Latest Stock Report on Burford Capital
Burford Capital Trading Down 0.3 %
About Burford Capital
Burford Capital Limited provides legal finance products and services worldwide. The company operates through two segments, Capital Provision, and Asset Management and Other Provision. The Capital Provision segment provides capital to the legal industry or in connection with legal matters directly and through investment in private funds; legal risk management services; lower risk legal finance business focusing on pre-settlement litigation matters with lower risk and lower expected returns; post-settlement finance; and complex strategies in which it acts as a principal and acquires assets that are mispriced.
Read More
- Five stocks we like better than Burford Capital
- What Are Dividends? Buy the Best Dividend Stocks
- AbbVie Stock: A Perfect Dip for Investors to Buy
- How to Calculate Stock Profit
- Forget NVIDIA: Super Micro Computer Stock Leads in Momentum
- What Are Growth Stocks and Investing in Them
- GitLab Stock Rebounds: The Inside Story of Its Comeback
Receive News & Ratings for Burford Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burford Capital and related companies with MarketBeat.com's FREE daily email newsletter.