The Beauty Tech Group’s (TBTG) Buy Rating Reaffirmed at Berenberg Bank

The Beauty Tech Group (LON:TBTGGet Free Report)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a research report issued to clients and investors on Friday,Digital Look reports. They currently have a GBX 500 price objective on the beauty technology company ‘s stock. Berenberg Bank’s price target suggests a potential upside of 49.70% from the company’s previous close.

The Beauty Tech Group Stock Up 3.1%

Shares of The Beauty Tech Group stock opened at GBX 334 on Friday. The stock has a market capitalization of £354.71 million and a price-to-earnings ratio of 30.36. The Beauty Tech Group has a fifty-two week low of GBX 213 and a fifty-two week high of GBX 342. The stock has a 50 day simple moving average of GBX 286.18.

The Beauty Tech Group (LON:TBTGGet Free Report) last issued its quarterly earnings data on Thursday, April 16th. The beauty technology company reported GBX 11 earnings per share for the quarter. The business had revenue of £140.96 million during the quarter.

The Beauty Tech Group Company Profile

(Get Free Report)

The Beauty Tech Group is a UK-headquartered beauty technology company focused on developing, marketing and selling clinically backed at-home beauty devices and related skincare products. The group operates a portfolio of category-leading brands, including CurrentBody Skin, ZIIP Beauty and Tria Laser, and offers products built around core aesthetic technologies used in professional settings, including LED light therapy, radio frequency, microcurrent and laser treatments.

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