The Beauty Tech Group (LON:TBTG) Now Covered by Canaccord Genuity Group

Canaccord Genuity Group began coverage on shares of The Beauty Tech Group (LON:TBTGFree Report) in a research note released on Monday, MarketBeat.com reports. The firm issued a buy rating and a GBX 545 target price on the beauty technology company ‘s stock.

Separately, Berenberg Bank boosted their price objective on The Beauty Tech Group from GBX 500 to GBX 550 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 547.50.

Read Our Latest Analysis on TBTG

The Beauty Tech Group Trading Up 3.2%

LON TBTG opened at GBX 360 on Monday. The stock has a market capitalization of £382.32 million and a price-to-earnings ratio of 32.73. The stock has a 50-day moving average of GBX 344 and a 200 day moving average of GBX 313.80. The Beauty Tech Group has a twelve month low of GBX 213 and a twelve month high of GBX 370.

The Beauty Tech Group Company Profile

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The Beauty Tech Group is a UK-headquartered beauty technology company focused on developing, marketing and selling clinically backed at-home beauty devices and related skincare products. The group operates a portfolio of category-leading brands, including CurrentBody Skin, ZIIP Beauty and Tria Laser, and offers products built around core aesthetic technologies used in professional settings, including LED light therapy, radio frequency, microcurrent and laser treatments.

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