Blancco Technology Group’s (BLTG) “Buy” Rating Reaffirmed at Peel Hunt

Blancco Technology Group (LON:BLTG)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a research report issued to clients and investors on Friday. They presently have a GBX 126 ($1.71) target price on the stock. Peel Hunt’s target price would suggest a potential upside of 82.61% from the stock’s previous close.

Separately, FinnCap restated a “sell” rating and issued a GBX 25 ($0.34) target price on shares of Blancco Technology Group in a research report on Thursday, November 9th.

Blancco Technology Group (LON:BLTG) traded down GBX 7 ($0.09) during trading hours on Friday, reaching GBX 69 ($0.94). The company’s stock had a trading volume of 102,861 shares, compared to its average volume of 35,500. Blancco Technology Group has a 12 month low of GBX 49 ($0.66) and a 12 month high of GBX 308 ($4.18). The stock has a market capitalization of $42.95 and a P/E ratio of -1,380.00.

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About Blancco Technology Group

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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