Shore Capital Reaffirms “House Stock” Rating for Begbies Traynor Group (LON:BEG)

Begbies Traynor Group (LON:BEG)‘s stock had its “house stock” rating reaffirmed by equities research analysts at Shore Capital in a note issued to investors on Tuesday,Digital Look reports.

Separately, Canaccord Genuity Group lifted their price objective on Begbies Traynor Group from GBX 157 to GBX 160 and gave the stock a “buy” rating in a report on Tuesday, December 9th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Begbies Traynor Group presently has a consensus rating of “Buy” and an average target price of GBX 155.

Begbies Traynor Group Stock Down 0.8%

Shares of LON:BEG opened at GBX 121 on Tuesday. The firm has a market cap of £194.29 million, a P/E ratio of 20.17, a PEG ratio of 2.95 and a beta of 0.37. Begbies Traynor Group has a 52-week low of GBX 90.23 and a 52-week high of GBX 128.16. The business’s 50 day simple moving average is GBX 114.66 and its two-hundred day simple moving average is GBX 115.89. The company has a debt-to-equity ratio of 23.79, a quick ratio of 1.35 and a current ratio of 1.31.

Begbies Traynor Group (LON:BEG) last announced its quarterly earnings results on Tuesday, December 9th. The company reported GBX 5.60 EPS for the quarter. Begbies Traynor Group had a net margin of 1.06% and a return on equity of 1.83%. As a group, research analysts forecast that Begbies Traynor Group will post 10.1495972 EPS for the current fiscal year.

Begbies Traynor Group Company Profile

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments: Insolvency and Advisory Services; and Property Advisory and Transactional Services. It offers business rescue and recovery services, including company administration, creditors' voluntary liquidation, company dissolution and strike off, company voluntary arrangement, compulsory liquidation, the Law of Property Act or fixed charge receiverships, members' voluntary liquidation, partnership liquidation, and personal insolvency services, as well as closure options for insolvent companies.