Begbies Traynor Group plc’s (BEG) Hold Rating Reaffirmed at Canaccord Genuity
Begbies Traynor Group plc (LON:BEG)‘s stock had its “hold” rating reaffirmed by research analysts at Canaccord Genuity in a research note issued on Thursday. They presently have a GBX 62 ($0.84) target price on the stock. Canaccord Genuity’s target price would suggest a potential downside of 5.88% from the company’s previous close.
Begbies Traynor Group plc (LON BEG) traded up 0.95% during trading on Thursday, hitting GBX 66.50. 90,220 shares of the stock traded hands. The stock’s market cap is GBX 70.96 million. Begbies Traynor Group plc has a 52-week low of GBX 44.00 and a 52-week high of GBX 68.00. The stock has a 50 day moving average price of GBX 61.25 and a 200-day moving average price of GBX 53.59.
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In other news, insider Nick Taylor sold 236,202 shares of the stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of GBX 58 ($0.78), for a total transaction of £136,997.16 ($184,706.97).
Begbies Traynor Group plc Company Profile
Begbies Traynor Group plc is a business recovery and property services consultancy. The Company’s segments include insolvency and restructuring, and property. It provides services from a network of the United Kingdom locations through two operating divisions: Begbies Traynor and Eddisons. Begbies Traynor is an independent business recovery practice that handles corporate appointments, serving the mid-market and smaller companies.
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