Bridgepoint Group (LON:BPT) Stock Price Up 5.9% – Still a Buy?

Bridgepoint Group plc (LON:BPT) shares shot up 5.9% during trading on Wednesday . The stock traded as high as GBX 310.99 and last traded at GBX 310.20. Approximately 835,103 shares were traded during trading, a decline of 92% from the average session volume of 9,922,807 shares. The stock had previously closed at GBX 292.80.

Wall Street Analysts Forecast Growth

Separately, Citigroup decreased their price objective on Bridgepoint Group from GBX 415 to GBX 395 and set a “buy” rating for the company in a report on Tuesday, April 14th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Bridgepoint Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 385.

Bridgepoint Group Price Performance

The stock has a market cap of £2.72 billion, a price-to-earnings ratio of 63.31, a PEG ratio of 0.61 and a beta of 1.37. The company has a 50-day moving average of GBX 261.40 and a 200-day moving average of GBX 260.16. The company has a debt-to-equity ratio of 55.04, a quick ratio of 3.60 and a current ratio of 279.03.

About Bridgepoint Group

Bridgepoint Group plc is a private equity and private credit firm specializing in middle market, small mid cap, small cap, growth capital, buyouts investments, syndicate debt, infrastructure, direct lending and credit opportunities in private credit investments. It prefers to invest in advanced industrials, automation, agricultural sciences, energy transition enablers, business services, financial services, professional services, testing inspection and certification, information services, consumer, digital brands, video games, wellbeing products, health care, pharma and MedTech outsourced services, pharma products, and MedTech Products sectors.