Bridgepoint Group (LON:BPT) Earns Buy Rating from Citigroup

Citigroup reissued their buy rating on shares of Bridgepoint Group (LON:BPT – Get Rating) in a research report sent to investors on Thursday, LSE.Co.UK reports.

Other analysts also recently issued reports about the company. Numis Securities reaffirmed an add rating and set a GBX 245 ($3.05) price target on shares of Bridgepoint Group in a research report on Thursday, March 16th. Jefferies Financial Group began coverage on Bridgepoint Group in a research report on Tuesday, February 21st. They set a buy rating and a GBX 300 ($3.73) price target for the company.

Bridgepoint Group Stock Performance

Shares of BPT opened at GBX 217.40 ($2.70) on Thursday. The company has a current ratio of 4.84, a quick ratio of 3.60 and a debt-to-equity ratio of 14.40. The company has a market capitalization of £1.77 billion and a price-to-earnings ratio of 1,437.33. The stock has a 50 day moving average of GBX 226.39 and a 200 day moving average of GBX 223.07. Bridgepoint Group has a 12 month low of GBX 166.20 ($2.07) and a 12 month high of GBX 337 ($4.19).

Bridgepoint Group Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, May 23rd. Shareholders of record on Thursday, April 27th were issued a dividend of GBX 4 ($0.05) per share. This represents a yield of 1.95%. The ex-dividend date of this dividend was Thursday, April 27th. Bridgepoint Group’s dividend payout ratio (DPR) is 5,333.33%.

Insider Buying and Selling at Bridgepoint Group

In other news, insider Cyrus Taraporevala acquired 8,517 shares of Bridgepoint Group stock in a transaction on Thursday, March 16th. The stock was acquired at an average cost of GBX 211 ($2.62) per share, with a total value of £17,970.87 ($22,351.83). 28.90% of the stock is owned by corporate insiders.

About Bridgepoint Group

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Bridgepoint Group plc operates as a private equity and credit fund manager in Europe, the United States, and China. The company invests in the middle market private assets. It specialises and invests in private equity and credit internationally across six principal sectors, including business services, consumer, financial services, healthcare, advanced industrials, and technology.