Shore Capital Group Reaffirms “Buy” Rating for Ten Lifestyle Group (LON:TENG)

Ten Lifestyle Group (LON:TENG)‘s stock had its “buy” rating reaffirmed by Shore Capital Group in a report issued on Wednesday, London Stock Exchange reports. They presently have a GBX 189 price target on the stock. Shore Capital Group‘s price target points to a potential upside of 114.77% from the company’s current price.

Ten Lifestyle Group Stock Down 4.9%

Shares of TENG stock opened at GBX 88 on Wednesday. Ten Lifestyle Group has a 52-week low of GBX 51.76 and a 52-week high of GBX 104. The stock has a market cap of £85.16 million, a price-to-earnings ratio of 62.86 and a beta of 0.92. The firm’s 50-day moving average is GBX 96.75 and its 200-day moving average is GBX 86.07. The company has a debt-to-equity ratio of 30.85, a quick ratio of 0.80 and a current ratio of 1.14.

Ten Lifestyle Group (LON:TENG) last posted its quarterly earnings results on Wednesday, November 11th. The company reported GBX 3.90 EPS for the quarter. The business had revenue of GBX 7,381 million during the quarter. Ten Lifestyle Group had a return on equity of 5.18% and a net margin of 1.95%. Sell-side analysts predict that Ten Lifestyle Group will post 2.65 EPS for the current year.

Ten Lifestyle Group Company Profile

Ten Lifestyle Group (‘Ten’) partners with financial institutions and other premium brands to attract and retain wealthy and mass affluent customers. Millions of members have access to Ten’s services across lifestyle, travel, dining and entertainment on behalf of over fifty clients. Ten’s partnerships are based on multi-year contracts generating revenue through platform-as-a-service and technology fees. Ten’s operations are underpinned by an increasingly sophisticated personalisation platform comprising industry-first, proprietary technology, thousands of supplier relationships and over 25 years of proprietary expertise delivered from over 20 global offices.