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Berenberg Bank Sticks to Its Buy Rating for Burford Capital (BUR)

Tipranks - Tipranks - Tue Mar 3, 5:08AM CST

In a report released on February 27, James Allen CFA from Berenberg Bank maintained a Buy rating on Burford Capital, with a price target of $20.00.

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According to TipRanks, Allen CFA is an analyst with an average return of -5.7% and a 0.00% success rate. Allen CFA covers the Financial sector, focusing on stocks such as St. James’s Place, Burford Capital, and Quilter.

Currently, the analyst consensus on Burford Capital is a Strong Buy with an average price target of $15.77.

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Based on Burford Capital’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of p69.8 million and a GAAP net loss of p20.27 million. In comparison, last year the company earned a revenue of p108.41 million and had a net profit of p53.75 million

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