Canaccord Genuity Group Cuts Bango (LON:BGO) Price Target to GBX 212

Bango (LON:BGO) had its price objective lowered by equities researchers at Canaccord Genuity Group from GBX 244 to GBX 212 in a research report issued on Tuesday,Digital Look reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target points to a potential upside of 150.95% from the stock’s current price.

Bango Trading Up 7.6%

Shares of BGO opened at GBX 84.48 on Tuesday. Bango has a one year low of GBX 61.50 and a one year high of GBX 129. The stock has a 50-day moving average price of GBX 90.69 and a 200 day moving average price of GBX 93.39. The company has a debt-to-equity ratio of 37.64, a quick ratio of 2.37 and a current ratio of 0.71. The company has a market capitalization of £65.04 million, a P/E ratio of -24.56 and a beta of 0.36.

About Bango

Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers.

The world’s largest content providers, including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) trust Bango technology to reach subscribers everywhere.

Bango, where people subscribe.