BTG (LON:BTG) Releases Earnings Results

BTG (LON:BTG) posted its earnings results on Monday. The company reported GBX 11.50 earnings per share (EPS) for the quarter, Digital Look Earnings reports.

BTG Price Performance

Shares of LON BTG opened at GBX 112 on Wednesday. The firm has a 50 day simple moving average of GBX 119.81. BTG has a fifty-two week low of GBX 107 and a fifty-two week high of GBX 130. The firm has a market capitalization of £180.48 million and a price-to-earnings ratio of 18.67.

Analyst Ratings Changes

A number of research firms recently weighed in on BTG. Berenberg Bank raised their price target on BTG from GBX 150 to GBX 155 and gave the company a “buy” rating in a report on Tuesday, May 26th. Shore Capital Group reissued a “house stock” rating on shares of BTG in a research note on Friday, June 5th. Stifel Nicolaus restated a “buy” rating on shares of BTG in a report on Wednesday, April 22nd. Finally, Canaccord Genuity Group raised their target price on BTG from GBX 160 to GBX 165 and gave the company a “buy” rating in a research note on Thursday, May 21st. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 160.

About BTG

BTG is a leading financial and real estate advisory group. We use our expertise to enhance, protect, and realise the value of our clients’ businesses, assets, and investments. Turning complexity into clarity, we support clients in funding and delivering their projects and navigating periods of challenge and change.

We operate across eight seamless service lines, each combining to support our clients throughout every stage of their business’s lifecycle.

• Restructuring – Restructuring and recovery services supporting businesses through challenges, opportunities, realising value, and regaining control
• Financial Advisory – Expert advice for success: developing strategy, evolving leadership, optimising profitability, and maximising capital
• Deal Advisory – End-to-end deal expertise de-risking and improving deals for strategic growth or exit through M&As
• Funding and Insurance – Tailored finance and insurance solutions driving sustainable success and protecting your business
• Agency and Auctions – Expert agency and auction services quickly unlocking property, business, and asset value
• Projects and Developments – Planning and delivering bespoke building solutions that help you achieve your property goals
• Property Management and Insurance – Insuring and ensuring property portfolio performance through expert management services
• Valuations and Asset Advisory – RICS-certified valuations and asset advisory delivering confidence in value across lease and asset strategy

With over 1,400 experts working across 50+ UK locations as well as 5 offshore offices, we connect our clients to a national network of expertise.