Berenberg Bank Reaffirms “Buy” Rating for Learning Technologies Group (LON:LTG)

Berenberg Bank reissued their buy rating on shares of Learning Technologies Group (LON:LTG) in a report published on Monday morning, Digital Look reports. Berenberg Bank currently has a GBX 140 ($1.83) target price on the stock.

A number of other analysts also recently weighed in on LTG. Numis Securities restated a buy rating on shares of Learning Technologies Group in a research report on Thursday, May 30th. Peel Hunt restated a buy rating and issued a GBX 150 ($1.96) target price on shares of Learning Technologies Group in a research report on Monday. Goldman Sachs Group restated a buy rating on shares of Learning Technologies Group in a research report on Monday, June 3rd. Finally, Peel Hunt restated a buy rating and issued a GBX 150 ($1.96) target price on shares of Learning Technologies Group in a research report on Monday. Five investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and an average price target of GBX 143.60 ($1.88).

Shares of LTG opened at GBX 117 ($1.53) on Monday. The stock has a 50-day moving average price of GBX 116.48 and a 200-day moving average price of GBX 90.89. The company has a market cap of $775.07 million and a PE ratio of 195.00. Learning Technologies Group has a 12-month low of GBX 58.80 ($0.77) and a 12-month high of GBX 166.50 ($2.18). The company has a current ratio of 0.85, a quick ratio of 0.81 and a debt-to-equity ratio of 22.66.

The company also recently announced a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 17th will be given a GBX 0.25 ($0.00) dividend. The ex-dividend date is Thursday, October 17th. This represents a yield of 0.21%. Learning Technologies Group’s payout ratio is 1.67%.

In other news, insider Leslie-Ann Reed bought 271,646 shares of the company’s stock in a transaction that occurred on Tuesday, July 23rd. The stock was bought at an average price of GBX 114 ($1.49) per share, for a total transaction of £309,676.44 ($404,647.12).

About Learning Technologies Group

Learning Technologies Group plc, through its subsidiaries, provides various e-learning services and technologies in the United Kingdom, the United States, the Asia Pacific, Mainland Europe, Canada, and internationally. The company produces interactive multimedia programs. It also engages in mobile e-learning, bespoke e-learning, and educational games businesses, as well as e-learning interoperability, and e-learning software licensing and the provision of related services, as well as operates an employee benefit trust.

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Analyst Recommendations for Learning Technologies Group (LON:LTG)

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