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

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

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

Shares of PRSM stock traded down GBX 75 ($0.98) during trading hours on Monday, hitting GBX 1,025 ($13.39). 1,148,903 shares of the company were exchanged, compared to its average volume of 151,059. Blue Prism Group has a 52-week low of GBX 1,002 ($13.09) and a 52-week high of GBX 2,635 ($34.43). The firm has a market cap of $823.10 million and a PE ratio of -12.67. The company’s fifty day moving average price is GBX 1,363.88.

Blue Prism Group Company Profile

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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