BTG (LON:BTG) Given Buy Rating at Canaccord Genuity Group

Key Points

• Canaccord Genuity reaffirmed its “Buy” rating on BTG and set a GBX 166 price target, implying approximately 46.96% upside from the current price.
• BTG has an overall consensus rating of “Buy,” with three analysts issuing buy ratings and an average price target of GBX 160.33.
• Shares opened at GBX 112.96, while the company reported quarterly EPS of GBX 11.50; analysts expect full-year EPS of approximately GBX 45.00.

BTG (LON:BTG - Get Free Report)'s stock had its "buy" rating reaffirmed by equities researchers at Canaccord Genuity Group in a research note issued on Wednesday, London Stock Exchange reports. They currently have a GBX 166 price target on the stock. Canaccord Genuity Group's target price would suggest a potential upside of 46.96% from the company's current price.

BTG has been the topic of a number of other reports. Shore Capital Group reaffirmed a "house stock" rating on shares of BTG in a research note on Friday, June 5th. Berenberg Bank increased their price objective on BTG from GBX 150 to GBX 155 and gave the company a "buy" rating in a research note on Tuesday, May 26th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of GBX 160.33.

BTG Price Performance

BTG opened at GBX 112.96 on Wednesday. The firm has a fifty day moving average price of GBX 108.14 and a 200 day moving average price of GBX 115.13. BTG has a 1 year low of GBX 103.50 and a 1 year high of GBX 130. The stock has a market cap of £182.06 million and a P/E ratio of 22.15.

BTG (LON:BTG - Get Free Report) last issued its quarterly earnings results on Monday, July 6th. The company reported GBX 11.50 earnings per share (EPS) for the quarter. Equities analysts expect that BTG will post 44.9999968 EPS for the current year.

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.

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