Begbies Traynor Group (LON:BEG) Earns House Stock Rating from Shore Capital

Begbies Traynor Group (LON:BEG)‘s stock had its “house stock” rating restated by equities researchers at Shore Capital in a report issued on Tuesday, Marketbeat.com reports.

Separately, Canaccord Genuity Group lifted their price objective on shares of Begbies Traynor Group from GBX 157 to GBX 160 and gave the stock a “buy” rating in a research note on Tuesday, December 9th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Begbies Traynor Group currently has a consensus rating of “Buy” and a consensus price target of GBX 155.

Begbies Traynor Group Price Performance

Begbies Traynor Group stock opened at GBX 117.50 on Tuesday. Begbies Traynor Group has a 52-week low of GBX 90.23 and a 52-week high of GBX 128.16. The company has a quick ratio of 1.35, a current ratio of 1.31 and a debt-to-equity ratio of 23.79. The firm’s fifty day moving average is GBX 115.03 and its 200 day moving average is GBX 115.86. The company has a market cap of £188.67 million, a price-to-earnings ratio of 19.58, a PEG ratio of 2.95 and a beta of 0.37.

Begbies Traynor Group (LON:BEG) last posted its earnings results on Tuesday, December 9th. The company reported GBX 5.60 earnings per share for the quarter. Begbies Traynor Group had a net margin of 1.06% and a return on equity of 1.83%. Sell-side analysts forecast that Begbies Traynor Group will post 10.1495972 EPS for the current fiscal year.

Begbies Traynor Group Company Profile

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments: Insolvency and Advisory Services; and Property Advisory and Transactional Services. It offers business rescue and recovery services, including company administration, creditors' voluntary liquidation, company dissolution and strike off, company voluntary arrangement, compulsory liquidation, the Law of Property Act or fixed charge receiverships, members' voluntary liquidation, partnership liquidation, and personal insolvency services, as well as closure options for insolvent companies.