Canaccord Genuity Group Reiterates Buy Rating for Beeks Financial Cloud Group (LON:BKS)

Beeks Financial Cloud Group (LON:BKSGet Free Report)‘s stock had its “buy” rating reiterated by Canaccord Genuity Group in a note issued to investors on Wednesday,Digital Look reports. They currently have a GBX 335 price target on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 64.42% from the company’s previous close.

Beeks Financial Cloud Group Stock Performance

Shares of Beeks Financial Cloud Group stock opened at GBX 203.75 on Wednesday. Beeks Financial Cloud Group has a 52 week low of GBX 145.50 and a 52 week high of GBX 330.86. The company has a quick ratio of 1.85, a current ratio of 1.71 and a debt-to-equity ratio of 20.02. The business has a 50 day moving average price of GBX 184.54 and a 200-day moving average price of GBX 195.40. The company has a market cap of £139.23 million, a PE ratio of 178.73 and a beta of 0.37.

Beeks Financial Cloud Group Company Profile

(Get Free Report)

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.

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