Bloomsbury Publishing (LSE:BMY), the Harry Potter and Sarah J. Maas publisher, sees its price target raised to 760p from 700p by analysts at Deutsche Bank, following its latest financial results.
The German bank highlighted that the report supported confidence in Bloomsbury delivering market expectations.
In a new note, DB repeated a 'Buy' rating, suggesting upside from the current price of 652p, with analyst Steve Liechti saying the FY26 results to February were broadly in line with the March trading update and DB's forecasts, with adjusted fully diluted EPS slightly ahead on a better tax outcome and no material change to his FY27/28 estimates.
Liechti noted Bloomsbury successfully scaled by leveraging high-value author brands and franchises, and pointed to a stronger, wider publishing list this year. In particular, two new Sarah J Maas releases and new Harry Potter activity.
