Berenberg Bank Reiterates Hold Rating for Big Technologies (LON:BIG)

Big Technologies (LON:BIG)‘s stock had its “hold” rating reiterated by investment analysts at Berenberg Bank in a research report issued to clients and investors on Tuesday, MarketBeat.com reports. They presently have a GBX 105 price objective on the stock. Berenberg Bank’s price objective indicates a potential downside of 0.47% from the company’s previous close.

Other equities research analysts have also issued research reports about the stock. Peel Hunt reaffirmed a “hold” rating and issued a GBX 80 target price on shares of Big Technologies in a report on Monday, December 8th. Canaccord Genuity Group reaffirmed a “hold” rating and set a GBX 80 price objective on shares of Big Technologies in a research note on Thursday, October 2nd. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of GBX 88.33.

Big Technologies Price Performance

Shares of BIG stock opened at GBX 105.50 on Tuesday. The stock’s fifty day simple moving average is GBX 76.48 and its 200 day simple moving average is GBX 80.90. Big Technologies has a one year low of GBX 56.17 and a one year high of GBX 124.50. The firm has a market cap of £308.75 million, a price-to-earnings ratio of -9.95 and a beta of 0.51. The company has a debt-to-equity ratio of 1.41, a current ratio of 13.12 and a quick ratio of 7.23.

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.