Bloomsbury Publishing (LON:BMY) Given “Buy” Rating at Berenberg Bank

Bloomsbury Publishing (LON:BMY)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, Digital Look reports. They presently have a GBX 825 price target on the stock. Berenberg Bank’s price objective would suggest a potential upside of 28.37% from the company’s current price.

Bloomsbury Publishing Price Performance

LON:BMY opened at GBX 642.68 on Thursday. The firm has a market cap of £519.57 million, a PE ratio of 19.59 and a beta of 0.42. 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 695. The company’s 50-day moving average price is GBX 640.80 and its two-hundred day moving average price is GBX 630.96.

Bloomsbury Publishing (LON:BMY) last released its quarterly earnings results on Thursday, October 22nd. The company reported GBX 16.82 EPS for the quarter. Bloomsbury Publishing had a return on equity of 12.74% and a net margin of 8.28%. On average, equities analysts anticipate that Bloomsbury Publishing will post 2530.00 EPS for the current fiscal 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.