The consensus price target hints at a 49.3% upside potential for Burford Capital (BUR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Silver Beech Capital, a value-oriented investment management firm, released its second-quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund returned 11.6% through the second quarter year-to-date 2024 compared to a 15.3% return for the S&P 500 and 1.7% for the Russell 2000 index. Since inception, the annual compounded return […]
Burford Capital (BUR) delivered earnings and revenue surprises of -29.41% and 4.35%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?