Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from Litigation Capital Management ( (GB:LIT) ) is now available.
Litigation Capital Management Limited reported a significant positive development in the high-profile international arbitration it funded against the Republic of Poland, after a Singapore court fully rejected Poland’s application to set aside a substantial Energy Charter Treaty award. The underlying case, which previously resulted in awards of £252 million plus interest under the ECT and £183 million plus interest under the Australia-Poland Bilateral Investment Treaty (with no double recovery allowed), has seen LCM invest US$11.3 million alongside its Fund I investors and now carries a contractual entitlement of about US$71.9 million in potential proceeds, of which US$18.0 million would accrue to LCM shareholders and US$53.9 million to Fund I investors; however, the company does not expect to earn a performance fee from Fund I on this matter due to earlier adverse fund outcomes, and any final benefit remains subject to a likely appeal by Poland and the timing of its resolution.
The most recent analyst rating on (GB:LIT) stock is a Sell with a £9.00 price target. To see the full list of analyst forecasts on Litigation Capital Management stock, see the GB:LIT Stock Forecast page.
Spark’s Take on GB:LIT Stock
According to Spark, TipRanks’ AI Analyst, GB:LIT is a Neutral.
The overall stock score is primarily impacted by the company’s weak financial performance, characterized by declining revenues, profitability issues, and increased leverage. Technical analysis also indicates a bearish trend, with the stock trading below key moving averages and weak momentum indicators. The valuation is unattractive due to a negative P/E ratio and no dividend yield.
To see Spark’s full report on GB:LIT stock, click here.
More about Litigation Capital Management
Litigation Capital Management Limited is an alternative asset manager specialising in dispute financing solutions internationally, funding legal claims and arbitrations on behalf of clients, including through dedicated investment funds such as its Fund I vehicle.
Average Trading Volume: 537,104
Technical Sentiment Signal: Sell
Current Market Cap: £12.46M
Learn more about LIT stock on TipRanks’ Stock Analysis page.