Begbies Traynor Group’s (BEG) “House Stock” Rating Reaffirmed at Shore Capital

Shore Capital reissued their house stock rating on shares of Begbies Traynor Group (LON:BEG) in a research report released on Tuesday morning, Marketbeat.com reports.

Separately, Canaccord Genuity Group upped their price objective on Begbies Traynor Group from GBX 157 to GBX 160 and gave the stock a “buy” rating in a research note on Tuesday, December 9th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, Begbies Traynor Group presently has an average rating of “Buy” and a consensus target price of GBX 155.

Begbies Traynor Group Stock Performance

Shares of LON BEG opened at GBX 118.50 on Tuesday. The company has a quick ratio of 1.35, a current ratio of 1.31 and a debt-to-equity ratio of 23.79. The firm’s 50-day moving average price is GBX 114.88 and its two-hundred day moving average price is GBX 115.84. Begbies Traynor Group has a 52-week low of GBX 90.23 and a 52-week high of GBX 128.16. The stock has a market capitalization of £190.27 million, a P/E ratio of 19.75, a P/E/G ratio of 2.95 and a beta of 0.37.

Begbies Traynor Group (LON:BEG) last posted its earnings results on Tuesday, December 9th. The company reported GBX 5.60 EPS for the quarter. Begbies Traynor Group had a return on equity of 1.83% and a net margin of 1.06%. As a group, sell-side analysts forecast that Begbies Traynor Group will post 10.1495972 earnings per share for the current year.

Begbies Traynor Group Company Profile

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments: Insolvency and Advisory Services; and Property Advisory and Transactional Services. It offers business rescue and recovery services, including company administration, creditors' voluntary liquidation, company dissolution and strike off, company voluntary arrangement, compulsory liquidation, the Law of Property Act or fixed charge receiverships, members' voluntary liquidation, partnership liquidation, and personal insolvency services, as well as closure options for insolvent companies.