BTG (LON:BTG) Given “Buy” Rating at Canaccord Genuity Group

BTG (LON:BTG)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity Group in a note issued to investors on Wednesday, London Stock Exchange reports. They currently have a GBX 166 target price on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 46.96% from the stock’s current price.

A number of other equities research analysts have also issued reports on the stock. Shore Capital Group reissued a “house stock” rating on shares of BTG in a report on Friday, June 5th. Berenberg Bank lifted their target price on shares of BTG from GBX 150 to GBX 155 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 160.33.

BTG Stock Performance

LON BTG opened at GBX 112.96 on Wednesday. The stock’s fifty day moving average is GBX 108.14 and its two-hundred day moving average is GBX 115.13. The firm has a market capitalization of £182.06 million and a P/E ratio of 22.15. BTG has a fifty-two week low of GBX 103.50 and a fifty-two week high of GBX 130.

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

BTG Company Profile

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.