Canaccord Genuity Group Reiterates Buy Rating for BTG (LON:BTG)

BTG (LON:BTGGet Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity Group in a research report issued to clients and investors on Friday,London Stock Exchange reports. They currently have a GBX 166 target price on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 49.28% from the company’s current price.

Other analysts also recently issued research reports about the stock. Shore Capital Group reaffirmed a “house stock” rating on shares of BTG in a report on Friday, June 5th. Berenberg Bank increased their price target on shares of BTG from GBX 150 to GBX 155 and gave the company a “buy” rating in a report on Tuesday, May 26th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 160.33.

Get Our Latest Analysis on BTG

BTG Price Performance

BTG stock opened at GBX 111.20 on Friday. BTG has a 1-year low of GBX 103.50 and a 1-year high of GBX 130. The business’s 50 day simple moving average is GBX 111.01. The firm has a market cap of £179.23 million and a price-to-earnings ratio of 21.80.

BTG (LON:BTGGet Free Report) last released its quarterly earnings data on Monday, July 6th. The company reported GBX 11.50 EPS for the quarter. As a group, research analysts predict that BTG will post 44.9999968 EPS for the current fiscal year.

About BTG

(Get Free Report)

BTG is a leading financial and real estate advisory group. We use our expertise to enhance, protect, and realise the value of our clients’ businesses, assets, and investments. Turning complexity into clarity, we support clients in funding and delivering their projects and navigating periods of challenge and change.

We operate across eight seamless service lines, each combining to support our clients throughout every stage of their business’s lifecycle.

• Restructuring – Restructuring and recovery services supporting businesses through challenges, opportunities, realising value, and regaining control
• Financial Advisory – Expert advice for success: developing strategy, evolving leadership, optimising profitability, and maximising capital
• Deal Advisory – End-to-end deal expertise de-risking and improving deals for strategic growth or exit through M&As
• Funding and Insurance – Tailored finance and insurance solutions driving sustainable success and protecting your business
• Agency and Auctions – Expert agency and auction services quickly unlocking property, business, and asset value
• Projects and Developments – Planning and delivering bespoke building solutions that help you achieve your property goals
• Property Management and Insurance – Insuring and ensuring property portfolio performance through expert management services
• Valuations and Asset Advisory – RICS-certified valuations and asset advisory delivering confidence in value across lease and asset strategy

With over 1,400 experts working across 50+ UK locations as well as 5 offshore offices, we connect our clients to a national network of expertise.

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