Beeks Financial Cloud Group’s (BKS) Buy Rating Reiterated at Canaccord Genuity Group

Beeks Financial Cloud Group (LON:BKS)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity Group in a note issued to investors on Wednesday,Digital Look reports. They currently have a GBX 335 target price on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 64.42% from the stock’s current price.

Beeks Financial Cloud Group Stock Down 5.2%

Shares of LON BKS opened at GBX 203.75 on Wednesday. The firm has a market cap of £139.23 million, a PE ratio of 178.73 and a beta of 0.37. Beeks Financial Cloud Group has a 12-month low of GBX 145.50 and a 12-month high of GBX 330.86. The company’s fifty day simple moving average is GBX 184.54 and its 200 day simple moving average is GBX 195.40. The company has a quick ratio of 1.85, a current ratio of 1.71 and a debt-to-equity ratio of 20.02.

Beeks Financial Cloud Group Company Profile

Cloud computing is crucial to Capital Markets and finance. Beeks Group is a leading managed cloud provider exclusively within this fast-moving sector. Our Infrastructure-as-a-Service model is optimised for low-latency private cloud compute, connectivity and analytics, providing the flexibility to deploy and connect to exchanges, trading venues and public cloud for a true hybrid cloud experience.

ISO 27001 certified, we provide world-class security aligned to global security requirements. Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year.