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Canaccord Genuity increased their target price on shares of Begbies Traynor Group Plc (LON:BEG) from GBX 49 ($0.84) to GBX 54 ($0.93) in a research note issued on Wednesday. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price objective points to a potential upside of 12.50% from the company’s current price.

Begbies Traynor Group Plc (LON:BEG) traded up 2.40% during mid-day trading on Wednesday, hitting GBX 48.00. The stock had a trading volume of 111,955 shares. Begbies Traynor Group Plc has a 1-year low of GBX 31.00 and a 1-year high of GBX 50.615. The stock has a 50-day moving average of GBX 46.39 and a 200-day moving average of GBX 43.32.

The company also recently declared a dividend, which is scheduled for Friday, November 7th. Investors of record on Thursday, October 9th will be given a dividend of GBX 1.60 ($0.03) per share. This represents a yield of 3.27%. The ex-dividend date of this dividend is Thursday, October 9th.

Begbies Traynor Group plc provides independent professional advice and solutions to businesses, financial institutions, the accountancy and legal professions and individuals in the areas of insolvency, financial restructuring and risk management.

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