Bridgepoint Group Plc, the Financial sector company, was revisited by a Wall Street analyst yesterday. Analyst Marina Massuti from Morgan Stanley maintained a Buy rating on the stock and has a p360.00 price target.
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Marina Massuti has given his Buy rating due to a combination of factors that highlight Bridgepoint’s resilient growth profile and attractive valuation. The company delivered a small earnings beat, supported by stronger-than-expected catch-up and performance fees, while core management fee income remained broadly aligned with forecasts. Despite fee-paying AUM coming in slightly below consensus due to currency effects and faster realizations, fundraising progress is solid, with 2024–26 commitments expected to slightly exceed prior aggregate targets.
Looking ahead, Marina notes multiple drivers that should sustain fundraising into 2026, including the ramp-up of key flagship funds, evergreen and generational products, SMAs, and a new secondaries vehicle. The firm is continuing to execute on both capital deployment and exits, with healthy capital returns and a robust exit pipeline that underpins confidence in performance-fee contributions of 20–25% of total income. Combined with guided revenue growth of roughly 13–16% for 2026–27, ahead of consensus, and a 2026 P/E multiple around 10x versus peers at 14–15x, the shares screen as undervalued, supporting the Buy recommendation.
Massuti covers the Financial sector, focusing on stocks such as Ashmore Group PLC, Schroders, and Aberdeen Group. According to TipRanks, Massuti has an average return of -10.1% and a 38.24% success rate on recommended stocks.