Bridgepoint Group (LON:BPT) Upgraded at Citigroup

Citigroup upgraded shares of Bridgepoint Group (LON:BPT) to a buy rating in a research note published on Thursday morning, MarketBeat.com reports. Citigroup currently has GBX 410 ($5.29) target price on the stock.

Bridgepoint Group Stock Down 3.0 %

Shares of Bridgepoint Group stock opened at GBX 328.40 ($4.24) on Thursday. The company has a quick ratio of 3.60, a current ratio of 4.98 and a debt-to-equity ratio of 12.89. Bridgepoint Group has a 12 month low of GBX 202.40 ($2.61) and a 12 month high of GBX 410 ($5.29). The business has a fifty day simple moving average of GBX 358.93 and a 200 day simple moving average of GBX 346.57. The stock has a market cap of £2.71 billion, a PE ratio of 59.66, a price-to-earnings-growth ratio of 0.61 and a beta of 1.72.

Bridgepoint Group (LON:BPT) last announced its quarterly earnings data on Thursday, March 13th. The company reported GBX 19.50 ($0.25) EPS for the quarter. Bridgepoint Group had a return on equity of 6.10% and a net margin of 16.74%. Research analysts predict that Bridgepoint Group will post 17.4062165 EPS for the current year.

Bridgepoint Group Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, April 24th will be issued a GBX 4.60 ($0.06) dividend. This represents a dividend yield of 1.43%. The ex-dividend date is Thursday, April 24th. Bridgepoint Group’s dividend payout ratio (DPR) is 163.50%.

About Bridgepoint Group

Bridgepoint Group plc is a private equity and private credit firm specializing in middle market, small mid cap, small cap, growth capital, buyouts investments, syndicate debt, infrastructure, direct lending and credit opportunities in private credit investments. 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.