Burford Capital (BUR) Receives a Buy from Wedbush
In a report released today, Jay McCanless from Wedbush maintained a Buy rating on Burford Capital (BUR – Research Report), with a price target of $18.00. The company’s shares opened today at p1,036.00.
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According to TipRanks, McCanless is a 5-star analyst with an average return of 16.8% and a 64.21% success rate. McCanless covers the Consumer Cyclical sector, focusing on stocks such as Cavco Industries, Hovnanian Enterprises, and Lennar.
Currently, the analyst consensus on Burford Capital is a Moderate Buy with an average price target of p1,455.69.
The company has a one-year high of p1,247.00 and a one-year low of p800.00. Currently, Burford Capital has an average volume of 421.7K.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BUR in relation to earlier this year.
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