Bridgepoint Group (LON:BPT) Sets New 1-Year High – What’s Next?

Bridgepoint Group plc (LON:BPT) shares hit a new 52-week high during mid-day trading on Monday. The company traded as high as GBX 418.40 and last traded at GBX 416.72, with a volume of 187,236 shares changing hands. The stock had previously closed at GBX 409.80.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Berenberg Bank increased their price target on shares of Bridgepoint Group from GBX 360 to GBX 455 and gave the stock a “buy” rating in a research report on Friday, October 16th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 485 price objective on shares of Bridgepoint Group in a report on Thursday, October 8th. Four equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat, Bridgepoint Group has an average rating of “Buy” and a consensus target price of GBX 437.50.

Bridgepoint Group Trading Up 0.6%

The firm’s 50-day simple moving average is GBX 346.16 and its 200 day simple moving average is GBX 289.27. The stock has a market cap of £3.70 billion, a P/E ratio of 136.67, a PEG ratio of 0.61 and a beta of 1.37. The company has a current ratio of 16.31, a quick ratio of 3.60 and a debt-to-equity ratio of 53.71.

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.