Bridgepoint Group (LON:BPT) Sets New 1-Year High at $365.00

Bridgepoint Group plc (LON:BPT)’s share price hit a new 52-week high on Monday . The stock traded as high as GBX 365 ($4.77) and last traded at GBX 362.40 ($4.74), with a volume of 67372 shares. The stock had previously closed at GBX 357.60 ($4.68).

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on BPT shares. JPMorgan Chase & Co. upgraded shares of Bridgepoint Group to an “overweight” rating and lifted their target price for the company from GBX 259 ($3.39) to GBX 358 ($4.68) in a research note on Tuesday, August 13th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 310 ($4.05) price objective on shares of Bridgepoint Group in a research note on Tuesday, July 9th.

Bridgepoint Group Stock Performance

The stock’s 50 day simple moving average is GBX 285.83 and its two-hundred day simple moving average is GBX 255.32. The company has a market capitalization of £2.98 billion, a P/E ratio of 4,470.00, a P/E/G ratio of 0.61 and a beta of 1.71. The company has a debt-to-equity ratio of 14.55, a current ratio of 4.98 and a quick ratio of 3.60.

Bridgepoint Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, October 28th. Investors of record on Thursday, September 19th will be given a GBX 4.60 ($0.06) dividend. This represents a yield of 1.67%. The ex-dividend date is Thursday, September 19th. This is a boost from Bridgepoint Group’s previous dividend of $4.40. Bridgepoint Group’s payout ratio is 11,250.00%.

Bridgepoint Group Company Profile

Bridgepoint Group plc is private equity and private credit firm specializing in middle market, lower mid cap, small cap, growth capital and buyouts investment. 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.