The Beauty Tech Group (LON:TBTG) Research Coverage Started at Canaccord Genuity Group

Canaccord Genuity Group began coverage on shares of The Beauty Tech Group (LON:TBTG) in a research note issued to investors on Monday, MarketBeat.com reports. The firm issued a buy rating and a GBX 545 price target on the beauty technology company ‘s stock.

Separately, Berenberg Bank boosted their price objective on The Beauty Tech Group from GBX 500 to GBX 550 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, The Beauty Tech Group presently has an average rating of “Buy” and an average target price of GBX 547.50.

The Beauty Tech Group Trading Down 1.4%

LON:TBTG opened at GBX 354 on Monday. The stock has a 50 day moving average of GBX 345.14 and a 200-day moving average of GBX 314.61. The firm has a market capitalization of £375.95 million and a PE ratio of 32.18. The Beauty Tech Group has a 52 week low of GBX 213 and a 52 week high of GBX 370.

About The Beauty Tech Group

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.