Jefferies Financial Group Increases B.P. Marsh & Partners (LON:BPM) Price Target to GBX 625

B.P. Marsh & Partners (LON:BPM) had its price target lifted by equities research analysts at Jefferies Financial Group from GBX 560 ($7.08) to GBX 625 ($7.91) in a research note issued on Wednesday, LSE.Co.UK reports. The firm currently has a “buy” rating on the insurance provider’s stock. Jefferies Financial Group’s target price would indicate a potential upside of 24.53% from the company’s current price.

B.P. Marsh & Partners Trading Up 0.7 %

Shares of BPM stock traded up GBX 3.39 ($0.04) during trading hours on Wednesday, hitting GBX 501.89 ($6.35). 33,428 shares of the company were exchanged, compared to its average volume of 39,276. The firm has a fifty day moving average of GBX 488.63 and a 200 day moving average of GBX 475.19. The company has a quick ratio of 21.03, a current ratio of 44.86 and a debt-to-equity ratio of 0.34. B.P. Marsh & Partners has a 1 year low of GBX 347.20 ($4.39) and a 1 year high of GBX 529.80 ($6.70). The firm has a market cap of £186.85 million, a PE ratio of 738.07 and a beta of 0.72.

Insider Buying and Selling

In related news, insider Alice Hannah Daisy Foulk bought 373 shares of the company’s stock in a transaction that occurred on Thursday, April 11th. The shares were acquired at an average cost of GBX 482 ($6.10) per share, for a total transaction of £1,797.86 ($2,274.05). In other B.P. Marsh & Partners news, insider Daniel Topping bought 1,309 shares of the company’s stock in a transaction dated Tuesday, June 11th. The shares were acquired at an average cost of GBX 496 ($6.27) per share, with a total value of £6,492.64 ($8,212.29). Also, insider Alice Hannah Daisy Foulk purchased 373 shares of B.P. Marsh & Partners stock in a transaction that occurred on Thursday, April 11th. The stock was acquired at an average cost of GBX 482 ($6.10) per share, with a total value of £1,797.86 ($2,274.05). 83.28% of the stock is owned by corporate insiders.

B.P. Marsh & Partners Company Profile

B.P. Marsh & Partners PLC engages in the provision of consulting services, making and trading in investments, and financial services businesses in the United Kingdom and internationally. The company primarily invests in financial services intermediary businesses, including insurance intermediaries, financial advisors, wealth and fund managers, and specialist advisory and consultancy firms.