Litigation Capital Management (LON:LIT) Given Buy Rating at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Litigation Capital Management (LON:LIT) in a report released on Tuesday,Digital Look reports. The firm currently has a GBX 182 ($2.37) target price on the stock.

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 182 ($2.37) price target on shares of Litigation Capital Management in a research report on Tuesday, December 17th.

Litigation Capital Management Trading Up 1.9 %

Shares of LON:LIT opened at GBX 63.80 ($0.83) on Tuesday. The stock has a 50 day moving average of GBX 79.98 and a 200 day moving average of GBX 97.14. The company has a market cap of £144.57 million, a PE ratio of 10.94 and a beta of 0.31. Litigation Capital Management has a 12-month low of GBX 61.20 ($0.80) and a 12-month high of GBX 122 ($1.59). The company has a current ratio of 17.54, a quick ratio of 3.01 and a debt-to-equity ratio of 32.77.

Litigation Capital Management Company Profile

Litigation Capital Management (“LCM”) is an alternative asset manager specialising in litigation financing solutions internationally. Through our two business models, direct balance sheet and third party fund management, we create value through our three primary investment strategies – single-cases; case portfolios; and acquisition of insolvency claims.