Blancco Technology Group PLC (BLTG) Stock Rating Reaffirmed by Peel Hunt
Blancco Technology Group PLC (LON:BLTG)‘s stock had its “buy” rating restated by equities research analysts at Peel Hunt in a report issued on Thursday. They presently have a GBX 280 ($3.63) price objective on the stock. Peel Hunt’s target price points to a potential upside of 140.34% from the stock’s previous close.
A number of other brokerages have also recently issued reports on BLTG. Panmure Gordon reiterated a “buy” rating and set a GBX 300 ($3.89) target price on shares of Blancco Technology Group PLC in a research report on Friday, May 19th. FinnCap reiterated a “sell” rating and set a GBX 100 ($1.30) target price on shares of Blancco Technology Group PLC in a research report on Wednesday, April 26th.
Blancco Technology Group PLC (LON BLTG) remained flat at GBX 116.50 on Thursday. 3,379 shares of the stock were exchanged. The stock’s market cap is GBX 64.96 million. Blancco Technology Group PLC has a 12 month low of GBX 149.99 and a 12 month high of GBX 335.00. The firm’s 50 day moving average price is GBX 167.89 and its 200-day moving average price is GBX 221.98.
About Blancco Technology Group PLC
Blancco Technology Group Plc, formerly Regenersis Plc, is a provider of mobile device diagnostics and secure data erasure solutions. The Company’s segments include Erasure and Diagnostics. The Erasure segment focuses on development and delivery of solutions, and includes Blancco, which provides erasure software; SafeIT, which is engaged in cloud and networked data erasure business, and Tabernus, which is engaged in providing software erasure products.
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