Blue Prism Group (LON:PRSM) Coverage Initiated by Analysts at Berenberg Bank

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Berenberg Bank began coverage on shares of Blue Prism Group (LON:PRSM) in a research report sent to investors on Monday morning, Digital Look reports. The firm issued a hold rating and a GBX 1,200 ($15.68) target price on the stock.

Separately, Shore Capital restated a buy rating on shares of Blue Prism Group in a research note on Friday, June 28th.

Shares of LON PRSM opened at GBX 950 ($12.41) on Monday. The business’s 50-day moving average price is GBX 1,339.89 and its two-hundred day moving average price is GBX 1,550.48. Blue Prism Group has a one year low of GBX 1,002 ($13.09) and a one year high of GBX 2,635 ($34.43). The company has a market capitalization of $740.79 million and a P/E ratio of -11.74.

About Blue Prism Group

Blue Prism Group plc, together with its subsidiaries, engages in the licensing of robotic process automation software in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company offers digital workforce platform; intelligent automation skills; and blue prism digital exchange for downloading disruptive and AI-enabled capabilities.

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