Peel Hunt Issues Positive Forecast for Big Technologies (LON:BIG) Stock Price

Big Technologies (LON:BIG) had its price target hoisted by Peel Hunt from GBX 80 to GBX 100 in a research note published on Thursday,London Stock Exchange reports. Peel Hunt currently has a hold rating on the stock.

A number of other brokerages also recently weighed in on BIG. Berenberg Bank restated a “hold” rating and set a GBX 105 price objective on shares of Big Technologies in a research report on Tuesday. Canaccord Genuity Group reaffirmed a “hold” rating and set a GBX 80 price target on shares of Big Technologies in a research report on Thursday, October 2nd. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 95.

Big Technologies Price Performance

BIG opened at GBX 103.30 on Thursday. The company’s 50-day simple moving average is GBX 77.19 and its two-hundred day simple moving average is GBX 81.05. The company has a debt-to-equity ratio of 1.41, a quick ratio of 7.23 and a current ratio of 13.12. The stock has a market capitalization of £302.32 million, a P/E ratio of -9.75 and a beta of 0.51. Big Technologies has a 52-week low of GBX 56.17 and a 52-week high of GBX 123.50.

Big Technologies Company Profile

Big Technologies is the parent company of the Buddi group, which was founded in 2005. Today, Big Technologies is a proven supplier of innovative and high-quality products and services to the remote personal monitoring industry. Big Technologies provides products and services under the ‘Buddi’ brand with the primary focus being the criminal justice market. Big Technologies (under the Buddi brand) has created a leading, integrated technology platform (including both hardware and software solutions) for remote monitoring of individuals, providing state-of-the-art Electronic Monitoring (EM) solutions on a SaaS-like, subscription basis.