BTG (LON:BTG) Price Target Raised to GBX 165

BTG (LON:BTG) had its price objective boosted by equities research analysts at Canaccord Genuity Group from GBX 160 to GBX 165 in a note issued to investors on Thursday,London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 36.93% from the stock’s previous close.

A number of other research analysts have also weighed in on BTG. Stifel Nicolaus reissued a “buy” rating on shares of BTG in a report on Wednesday, April 22nd. Shore Capital Group reiterated a “house stock” rating on shares of BTG in a research report on Tuesday, February 3rd. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 162.50.

BTG Stock Performance

Shares of LON BTG traded up GBX 4 during mid-day trading on Thursday, hitting GBX 120.50. The stock had a trading volume of 609,196 shares, compared to its average volume of 291,767. The stock has a market cap of £194.07 million and a price-to-earnings ratio of 20.08. The stock’s 50 day moving average price is GBX 118.09. BTG has a twelve month low of GBX 110 and a twelve month high of GBX 123.66.

BTG Company Profile

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.