Core Viewpoint - Burford Capital Limited (BUR) has shown a modest gain of 0.3% over the past four weeks, closing at 19.70 [1] Price Targets - The average price target for BUR is derived from five short-term estimates, ranging from a low of 22.50, with a standard deviation of $1.86, indicating a relatively tight clustering of estimates [2] - The lowest estimate suggests a 32.9% increase from the current price, while the highest estimate indicates a 66.2% upside [2] Analyst Sentiment - Analysts have shown increasing optimism regarding BUR's earnings prospects, as evidenced by a strong consensus in revising earnings per share (EPS) estimates higher, which correlates with potential stock price increases [4][9] - Over the past 30 days, one estimate has increased with no negative revisions, leading to a 4.6% rise in the Zacks Consensus Estimate for the current year [10] Zacks Rank - BUR holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside in the near term [11] Conclusion on Price Targets - While the consensus price target may not be a reliable predictor of BUR's price movement magnitude, the direction indicated by these targets appears to be a useful guide for investors [12]
Wall Street Analysts See a 45.49% Upside in Burford Capital (BUR): Can the Stock Really Move This High?