Peel Hunt Reaffirms “Buy” Rating for Bloomsbury Publishing (LON:BMY)

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Peel Hunt reiterated their buy rating on shares of Bloomsbury Publishing (LON:BMY) in a report released on Monday, ThisIsMoney.Co.Uk reports.

Separately, Numis Securities reaffirmed a buy rating on shares of 3i Group in a research report on Thursday, May 16th.

BMY traded down GBX 4 ($0.05) on Monday, reaching GBX 232 ($3.03). 37,948 shares of the company traded hands, compared to its average volume of 39,153. The business has a 50 day moving average price of GBX 231.54. Bloomsbury Publishing has a 52-week low of GBX 187 ($2.44) and a 52-week high of GBX 246 ($3.21). The stock has a market cap of $174.76 million and a P/E ratio of 19.02.

The business also recently disclosed a dividend, which will be paid on Friday, August 23rd. Investors of record on Thursday, July 25th will be given a dividend of GBX 6.75 ($0.09) per share. The ex-dividend date is Thursday, July 25th. This is an increase from Bloomsbury Publishing’s previous dividend of $1.21. This represents a yield of 2.87%. Bloomsbury Publishing’s payout ratio is presently 0.66%.

About Bloomsbury Publishing

Bloomsbury Publishing Plc publishes books and other media for general readers, children, students, researchers, and professionals worldwide. The company offers digital resources to international research community and higher education students; online law, accounting, and tax services for UK and Eire professionals; consultancy and publishing services for corporations and institutions; support content for continuing professional development and teaching for teachers and trainee teachers, as well as serves communities of shared interest with sports and sports science, nautical, military history, natural history, and popular science.

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