BTG’s (BTG) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of BTG (LON:BTG) in a report released on Friday morning,London Stock Exchange reports. They currently have a GBX 166 target price on the stock.

Several other equities research analysts also recently weighed in on the company. Berenberg Bank raised their price objective on BTG from GBX 150 to GBX 155 and gave the company a “buy” rating in a report on Tuesday, May 26th. Shore Capital Group reaffirmed a “house stock” rating on shares of BTG in a report on Friday, June 5th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, BTG presently has an average rating of “Buy” and a consensus price target of GBX 160.33.

BTG Stock Performance

BTG stock opened at GBX 111.20 on Friday. BTG has a 52 week low of GBX 103.50 and a 52 week high of GBX 130. The company has a 50-day moving average of GBX 111.01. The firm has a market capitalization of £179.23 million and a P/E ratio of 21.80.

BTG (LON:BTG) last released its earnings results on Monday, July 6th. The company reported GBX 11.50 earnings per share for the quarter. As a group, analysts anticipate that BTG will post 44.9999968 EPS for the current fiscal year.

About BTG

BTG is a leading financial and real estate advisory group. We use our expertise to enhance, protect, and realise the value of our clients’ businesses, assets, and investments. Turning complexity into clarity, we support clients in funding and delivering their projects and navigating periods of challenge and change.

We operate across eight seamless service lines, each combining to support our clients throughout every stage of their business’s lifecycle.

• Restructuring – Restructuring and recovery services supporting businesses through challenges, opportunities, realising value, and regaining control
• Financial Advisory – Expert advice for success: developing strategy, evolving leadership, optimising profitability, and maximising capital
• Deal Advisory – End-to-end deal expertise de-risking and improving deals for strategic growth or exit through M&As
• Funding and Insurance – Tailored finance and insurance solutions driving sustainable success and protecting your business
• Agency and Auctions – Expert agency and auction services quickly unlocking property, business, and asset value
• Projects and Developments – Planning and delivering bespoke building solutions that help you achieve your property goals
• Property Management and Insurance – Insuring and ensuring property portfolio performance through expert management services
• Valuations and Asset Advisory – RICS-certified valuations and asset advisory delivering confidence in value across lease and asset strategy

With over 1,400 experts working across 50+ UK locations as well as 5 offshore offices, we connect our clients to a national network of expertise.