Bloomsbury Publishing’s (BMY) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Bloomsbury Publishing (LON:BMY) in a research note issued to investors on Wednesday morning, Marketbeat reports. Berenberg Bank currently has a GBX 825 ($11.07) target price on the stock.

Bloomsbury Publishing Price Performance

Bloomsbury Publishing stock opened at GBX 515 ($6.91) on Wednesday. The stock has a 50-day moving average price of GBX 527.79 and a two-hundred day moving average price of GBX 582.93. Bloomsbury Publishing has a 12 month low of GBX 480 ($6.44) and a 12 month high of GBX 766 ($10.28). The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 15.10. The company has a market capitalization of £415.57 million, a PE ratio of 11.02 and a beta of 0.66.

Bloomsbury Publishing (LON:BMY) last released its quarterly earnings data on Thursday, May 22nd. The company reported GBX 42.03 ($0.56) earnings per share (EPS) for the quarter. Bloomsbury Publishing had a return on equity of 18.62% and a net margin of 9.77%. Analysts expect that Bloomsbury Publishing will post 2529.9999179 EPS for the current year.

Bloomsbury Publishing Company Profile

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.