Litigation Capital Management Ltd 28.8% potential upside indicated by Canaccord Genuity

Litigation Capital Management Ltd with ticker (LON:LIT) now has a potential upside of 28.8% according to Canaccord Genuity.



Canaccord Genuity set a target price of 146 GBX for the company, which when compared to the Litigation Capital Management Ltd share price of 104 GBX at opening today (23/03/2022) indicates a potential upside of 28.8%. Trading has ranged between 1 (52 week low) and 106 (52 week high) with an average of 227,825 shares exchanging hands daily. The market capitalisation at the time of writing is £126,352,318.

Litigation Capital Management Limited is an Australia-based litigation finance company. The Company is an alternative asset manager specializing in disputes financing solutions internationally. It operates through two business models: direct investments and funds management. LCM’s investment strategies include single-case, portfolios, and acquisition of insolvency claims. Its single-case investment includes investment in a single dispute globally. Its portfolio includes funding a bundle of single disputes in which LCM’s capital investment is collaterally secured against the proceeds of the entire portfolio of disputes. Its acquisition of insolvency claims includes investment in smaller disputes through the acquisition or assignment of the underlying cause of action. The Company’s product includes Fully Litigation, Litigation for finance companies, Funding for financial international arbitrations, Law firm/Portfolio funding, Disbursement finance, Security for costs, and others.