Canaccord Genuity Group Reiterates “Buy” Rating for Begbies Traynor Group (LON:BEG)

Begbies Traynor Group (LON:BEGGet Rating)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity Group in a research note issued to investors on Thursday, MarketBeat Ratings reports. They currently have a GBX 138 ($1.70) price target on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 2.83% from the company’s previous close.

A number of other equities research analysts also recently issued reports on BEG. Shore Capital reissued a “house stock” rating on shares of Begbies Traynor Group in a research report on Thursday. Berenberg Bank reiterated a “buy” rating and set a GBX 155 ($1.91) target price on shares of Begbies Traynor Group in a report on Wednesday, April 13th.

Shares of LON BEG opened at GBX 134.20 ($1.65) on Thursday. The stock has a market capitalization of £205.87 million and a PE ratio of 1,350.01. The company has a quick ratio of 1.26, a current ratio of 1.32 and a debt-to-equity ratio of 15.83. The firm has a fifty day moving average of GBX 115.86 and a 200-day moving average of GBX 124.45. Begbies Traynor Group has a 52-week low of GBX 97 ($1.20) and a 52-week high of GBX 150.34 ($1.85).

Begbies Traynor Group Company Profile (Get Rating)

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

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