Analysts have rapidly lifted their earnings forecasts for a global litigation financier on expectations that the coronavirus pandemic could spark more legal disputes.
Forward consensus earnings estimates for Sydney-listed Omni Bridgeway Ltd. have more than doubled since the start of the year and have seen the most positive percentage change on the S&P/ASX 200 Index, according to data compiled by Bloomberg. The company is embarking on a worldwide hiring spree after funding applications increased three-fold amid the pandemic, said Chief Executive Officer
Litigation finance is “very attractive in circumstances where there’s heightened risk,” Saker said in a ...