Bloomsbury Publishing Plc (BMY) Stock Rating Reaffirmed by Peel Hunt

Bloomsbury Publishing Plc (LON:BMY)‘s stock had its “add” rating reiterated by equities research analysts at Peel Hunt in a research report issued to clients and investors on Thursday. They presently have a GBX 200 ($2.64) target price on the stock. Peel Hunt’s price objective points to a potential upside of 21.95% from the company’s previous close.

A number of other research firms have also weighed in on BMY. Investec reaffirmed a “buy” rating and set a GBX 210 ($2.77) price objective on shares of Bloomsbury Publishing Plc in a research report on Tuesday, July 18th. Numis Securities Ltd raised Bloomsbury Publishing Plc to a “buy” rating and increased their target price for the company from GBX 205 ($2.71) to GBX 210 ($2.77) in a report on Tuesday, October 24th.

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In other Bloomsbury Publishing Plc news, insider Steven Halll bought 3,171 shares of the company’s stock in a transaction that occurred on Tuesday, August 29th. The shares were purchased at an average price of GBX 172 ($2.27) per share, with a total value of £5,454.12 ($7,197.31). Also, insider Richard Lambert bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The stock was acquired at an average cost of GBX 176 ($2.32) per share, for a total transaction of £17,600 ($23,225.13).

Bloomsbury Publishing Plc Company Profile

Bloomsbury Publishing Plc is a global publisher. The Company is involved in the publication of books and other related services. The Company operates through four publishing divisions: Adult, Children’s & Educational, Academic & Professional, and Information. These divisions derive their revenue from book publishing, sale of publishing and distribution rights, management and other publishing services.

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