Begbies Traynor Group (LON:BEG) Receives House Stock Rating from Shore Capital

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

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

Begbies Traynor Group Stock Down 0.8%

Shares of LON:BEG opened at GBX 121 on Tuesday. The stock has a market capitalization of £194.29 million, a P/E ratio of 20.17, a price-to-earnings-growth ratio of 2.95 and a beta of 0.37. The stock’s 50-day moving average price is GBX 114.66 and its 200-day moving average price is GBX 115.89. The company has a current ratio of 1.31, a quick ratio of 1.35 and a debt-to-equity ratio of 23.79. Begbies Traynor Group has a 12-month low of GBX 90.23 and a 12-month high of GBX 128.16.

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 return on equity of 1.83% and a net margin of 1.06%. On average, equities analysts anticipate that Begbies Traynor Group will post 10.1495972 earnings per share for the current 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.