Core Viewpoint - Burford Capital Limited (BUR) shows potential for significant upside, with a mean price target of 13.82 [1] Price Targets and Analyst Estimates - The mean estimate consists of five short-term price targets with a standard deviation of 18 (30.3% increase) and the highest is $22.50 (62.8% increase) [2] - A low standard deviation among price targets suggests strong agreement among analysts regarding the stock's price movement [7] Earnings Estimates and Analyst Sentiment - Analysts have shown growing optimism about BUR's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which correlates with near-term stock price movements [9] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 4.6%, with one estimate moving higher and no negative revisions [10] Zacks Rank and Investment Potential - BUR holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [11] - While consensus price targets may not be reliable for predicting exact gains, they can provide a directional guide for potential price movements [11]
Wall Street Analysts Think Burford Capital (BUR) Could Surge 42.55%: Read This Before Placing a Bet