The Beauty Tech Group (LON:TBTG) Price Target Raised to GBX 600

The Beauty Tech Group (LON:TBTG) had its target price upped by Canaccord Genuity Group from GBX 545 to GBX 600 in a report published on Tuesday morning,Digital Look reports. They currently have a buy rating on the beauty technology company ‘s stock.

Separately, Berenberg Bank increased their price target on shares of The Beauty Tech Group from GBX 550 to GBX 600 and gave the company a “buy” rating in a report on Thursday, September 17th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, The Beauty Tech Group presently has an average rating of “Buy” and a consensus price target of GBX 600.

The Beauty Tech Group Price Performance

Shares of TBTG stock opened at GBX 445 on Tuesday. The business’s fifty day moving average price is GBX 357.56 and its 200 day moving average price is GBX 328.69. The Beauty Tech Group has a 1-year low of GBX 213 and a 1-year high of GBX 450. The firm has a market capitalization of £472.59 million and a PE ratio of 40.45.

The Beauty Tech Group (LON:TBTG) last released its earnings results on Thursday, September 17th. The beauty technology company reported GBX 11.80 EPS for the quarter.

The Beauty Tech Group Company Profile

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.