Begbies Traynor Group plc (BEG) Stock Rating Reaffirmed by Canaccord Genuity
Begbies Traynor Group plc (LON:BEG)‘s stock had its “buy” rating reaffirmed by research analysts at Canaccord Genuity in a research note issued to investors on Thursday. They presently have a GBX 51 ($0.67) price target on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 10.27% from the company’s current price.
Separately, Shore Capital restated a “house stock” rating on shares of Begbies Traynor Group plc in a report on Friday, June 3rd.
Begbies Traynor Group plc (LON:BEG) opened at 46.285 on Thursday. Begbies Traynor Group plc has a 52-week low of GBX 38.45 and a 52-week high of GBX 54.00. The firm has a 50-day moving average of GBX 46.25 and a 200 day moving average of GBX 45.39. The firm’s market cap is GBX 49.12 million.
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The company also recently announced a dividend, which will be paid on Friday, November 4th. Stockholders of record on Thursday, October 6th will be issued a GBX 1.60 ($0.02) dividend. This is a boost from Begbies Traynor Group plc’s previous dividend of $0.60. The ex-dividend date is Thursday, October 6th. This represents a dividend yield of 3.37%.
About Begbies Traynor Group plc
Begbies Traynor Group plc is a United Kingdom-based professional services consultancy. The Company provides independent professional advice and solutions to businesses and banks in the areas of corporate recovery, restructuring, corporate finance, risk consulting and forensic investigations. The Company operates through two business segments: insolvency and restructuring, and global risk partners.
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