We believe recent share price weakness presents an opportunity to enter the market leading litigation funder at an attractive valuation. Current market concerns surrounding an overstated ROIC and aggressive fair value accounting are unfounded, in our view. We reiterate our Buy rating and 2,300p price target.
03 May 2019
Burford Capital - Time to Top Up
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Burford Capital - Time to Top Up
Burford Capital Limited (BUR:LON) | 1,254 0 0.0% | Mkt Cap: 2,741m
- Published:
03 May 2019 -
Author:
Michael White -
Pages:
5
We believe recent share price weakness presents an opportunity to enter the market leading litigation funder at an attractive valuation. Current market concerns surrounding an overstated ROIC and aggressive fair value accounting are unfounded, in our view. We reiterate our Buy rating and 2,300p price target.