Beeks Financial Cloud Group’s (BKS) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Beeks Financial Cloud Group (LON:BKS)‘s stock had its “buy” rating reissued by equities research analysts at Canaccord Genuity Group in a research note issued on Wednesday,Digital Look reports. They currently have a GBX 335 target price on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 61.67% from the company’s previous close.

Beeks Financial Cloud Group Price Performance

Shares of LON:BKS opened at GBX 207.22 on Wednesday. The firm has a 50 day moving average of GBX 164.41 and a 200-day moving average of GBX 199.08. The stock has a market capitalization of £141.60 million, a PE ratio of 181.77 and a beta of 0.39. The company has a current ratio of 1.71, a quick ratio of 1.85 and a debt-to-equity ratio of 17.50. Beeks Financial Cloud Group has a 12 month low of GBX 145.50 and a 12 month high of GBX 330.86.

Beeks Financial Cloud Group (LON:BKS) last issued its earnings results on Monday, March 16th. The company reported GBX (0.75) EPS for the quarter. Beeks Financial Cloud Group had a net margin of 2.68% and a return on equity of 2.17%. On average, equities research analysts predict that Beeks Financial Cloud Group will post 7.3180848 EPS for the current fiscal year.

Beeks Financial Cloud Group Company Profile

Cloud computing is crucial to Capital Markets and finance. Beeks Group is a leading managed cloud provider exclusively within this fast-moving sector. Our Infrastructure-as-a-Service model is optimised for low-latency private cloud compute, connectivity and analytics, providing the flexibility to deploy and connect to exchanges, trading venues and public cloud for a true hybrid cloud experience.

ISO 27001 certified, we provide world-class security aligned to global security requirements. Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year.