Begbies Traynor Group (LON:BEG) Given New GBX 183 Price Target at Canaccord Genuity Group

Begbies Traynor Group (LON:BEG – Get Free Report) had its price objective hoisted by equities research analysts at Canaccord Genuity Group from GBX 180 ($2.32) to GBX 183 ($2.35) in a research note issued on Tuesday, MarketBeat.com reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 37.59% from the company’s current price.

Several other analysts have also commented on BEG. Shore Capital restated a “house stock” rating on shares of Begbies Traynor Group in a report on Tuesday. Canaccord Genuity Group lifted their price target on Begbies Traynor Group from GBX 180 ($2.32) to GBX 183 ($2.35) and gave the company a “buy” rating in a research report on Tuesday.

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Begbies Traynor Group Trading Down 0.7 %

BEG opened at GBX 133 ($1.71) on Tuesday. The business has a 50 day simple moving average of GBX 130.05 and a two-hundred day simple moving average of GBX 132.45. Begbies Traynor Group has a one year low of GBX 115.50 ($1.49) and a one year high of GBX 150.69 ($1.94). The company has a debt-to-equity ratio of 18.88, a current ratio of 1.44 and a quick ratio of 1.35. The firm has a market capitalization of £205.96 million, a price-to-earnings ratio of 6,650.00, a PEG ratio of 2.95 and a beta of 0.27.

Insider Buying and Selling

In other news, insider John M. May acquired 31,221 shares of the business’s stock in a transaction that occurred on Friday, April 14th. The stock was bought at an average price of GBX 120 ($1.54) per share, with a total value of £37,465.20 ($48,199.15). 26.07% of the stock is currently owned by corporate insiders.

Begbies Traynor Group Company Profile

(Get Free Report)

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments, Business Recovery and Financial Advisory Services; and Property Advisory and Transactional Services.

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