Bridgepoint Group (LON:BPT) Shares Up 1% – What’s Next?

Shares of Bridgepoint Group plc (LON:BPT) were up 1% during mid-day trading on Friday . The stock traded as high as GBX 344.40 and last traded at GBX 340.71. 744,470 shares were traded during mid-day trading, a decline of 92% from the average session volume of 8,824,653 shares. The stock had previously closed at GBX 337.40.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 360 price objective on shares of Bridgepoint Group in a research note on Friday, July 24th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of GBX 390.

Bridgepoint Group Stock Up 1.0%

The company has a quick ratio of 3.60, a current ratio of 16.31 and a debt-to-equity ratio of 53.71. The firm has a market capitalization of £3.00 billion, a price-to-earnings ratio of 113.57, a price-to-earnings-growth ratio of 0.61 and a beta of 1.39. The firm has a 50 day moving average of GBX 291.81 and a two-hundred day moving average of GBX 267.02.

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.