Big Technologies (LON:BIG) Given Hold Rating at Berenberg Bank

Key Points

• Berenberg Bank reiterated a "Hold" rating on Big Technologies with a GBX 105 price target (implying ~26.8% upside), while Peel Hunt raised its target to GBX 100; the consensus from three analysts is a "Hold" with a GBX 95 consensus target.
• Shares traded at GBX 82.80 (down 0.2%) with a market cap of £242.32m, a 12‑month range of GBX 56.17–119, and the 50‑day moving average (GBX 101.60) sitting above the current price.
• Big Technologies is the parent of the Buddi group, supplying electronic monitoring hardware and SaaS-like subscription services focused on the criminal justice market.

Big Technologies (LON:BIG - Get Free Report)'s stock had its "hold" rating restated by Berenberg Bank in a note issued to investors on Monday,London Stock Exchange reports. They presently have a GBX 105 price target on the stock. Berenberg Bank's price objective would indicate a potential upside of 26.81% from the company's previous close.

Separately, Peel Hunt upped their price target on Big Technologies from GBX 80 to GBX 100 and gave the stock a "hold" rating in a research report on Thursday, January 29th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of GBX 95.

Big Technologies Stock Down 0.2%

Shares of LON BIG traded down GBX 0.20 during trading hours on Monday, hitting GBX 82.80. 469,052 shares of the stock were exchanged, compared to its average volume of 567,535. Big Technologies has a 12 month low of GBX 56.17 and a 12 month high of GBX 119. The firm has a fifty day moving average price of GBX 101.60 and a 200-day moving average price of GBX 84.11. The company has a quick ratio of 7.23, a current ratio of 2.24 and a debt-to-equity ratio of 2.09. The company has a market cap of £242.32 million, a PE ratio of -7.81 and a beta of 0.72.

Big Technologies Company Profile

Big Technologies is the parent company of the Buddi group, which was founded in 2005. Today, Big Technologies is a proven supplier of innovative and high-quality products and services to the remote personal monitoring industry. Big Technologies provides products and services under the 'Buddi' brand with the primary focus being the criminal justice market. Big Technologies (under the Buddi brand) has created a leading, integrated technology platform (including both hardware and software solutions) for remote monitoring of individuals, providing state-of-the-art Electronic Monitoring (EM) solutions on a SaaS-like, subscription basis.

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