Blancco Technology Group PLC (LON:BLTG) Price Target Cut to GBX 210 by Analysts at Peel Hunt

Blancco Technology Group PLC (LON:BLTG) had its target price dropped by analysts at Peel Hunt from GBX 280 ($3.65) to GBX 210 ($2.73) in a research report issued to clients and investors on Wednesday, July 12th. The firm currently has a “buy” rating on the stock. Peel Hunt’s target price would suggest a potential upside of 121.05% from the stock’s current price.

Several other brokerages have also recently issued reports on BLTG. Panmure Gordon restated a “buy” rating and set a GBX 326 ($4.25) price objective on shares of Blancco Technology Group PLC in a research note on Tuesday, March 14th. FinnCap restated a “sell” rating and set a GBX 100 ($1.30) price objective on shares of Blancco Technology Group PLC in a research note on Wednesday, April 26th.

Shares of Blancco Technology Group PLC (LON BLTG) traded down 1.55% during trading on Wednesday, reaching GBX 95.00. 7,500 shares of the company traded hands. The stock’s market capitalization is GBX 52.97 million. Blancco Technology Group PLC has a 52 week low of GBX 92.00 and a 52 week high of GBX 335.00. The firm has a 50 day moving average of GBX 119.97 and a 200 day moving average of GBX 199.90.

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Blancco Technology Group PLC Company Profile

Blancco Technology Group Plc, formerly Regenersis Plc, is a provider of mobile device diagnostics and secure data erasure solutions. The Company’s segments include Erasure and Diagnostics. The Erasure segment focuses on development and delivery of solutions, and includes Blancco, which provides erasure software; SafeIT, which is engaged in cloud and networked data erasure business, and Tabernus, which is engaged in providing software erasure products.

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