Numis Securities Reaffirms “Buy” Rating for BTG (BTG)

BTG (LON:BTG)‘s stock had its “buy” rating reissued by stock analysts at Numis Securities in a research note issued on Thursday. They presently have a GBX 900 ($12.64) price target on the stock. Numis Securities’ price objective would suggest a potential upside of 22.28% from the company’s current price.

Several other brokerages also recently issued reports on BTG. Peel Hunt restated a “hold” rating and issued a GBX 680 ($9.55) target price on shares of BTG in a research report on Tuesday, October 31st. Deutsche Bank restated a “buy” rating and issued a GBX 775 ($10.88) target price on shares of BTG in a research report on Tuesday, November 7th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of BTG in a research report on Wednesday, November 15th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of GBX 774.13 ($10.87).

Shares of BTG (LON BTG) traded down GBX 7.50 ($0.11) during mid-day trading on Thursday, reaching GBX 736 ($10.34). The company’s stock had a trading volume of 178,150 shares, compared to its average volume of 519,802. BTG has a 12 month low of GBX 528.36 ($7.42) and a 12 month high of GBX 784 ($11.01). The firm has a market capitalization of $2,870.00 and a P/E ratio of 3,873.68.

BTG (LON:BTG) last issued its earnings results on Tuesday, November 14th. The company reported GBX 21 ($0.29) EPS for the quarter, meeting the Zacks’ consensus estimate of GBX 21 ($0.29). The company had revenue of £341.30 million during the quarter. BTG had a return on equity of 10.80% and a net margin of 15.50%.

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About BTG

BTG plc is engaged in the business of healthcare, focusing on Interventional Medicine therapies for liver cancer, emphysema and vascular disorders, specialty pharmaceuticals for acute care uses, and a licensing business. The Company operates through three segments: Interventional Medicine, Specialty Pharmaceuticals and Licensing.

Analyst Recommendations for BTG (LON:BTG)

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