Investment analysts at Canaccord Genuity Group initiated coverage on shares of Made Tech Group (LON:MTEC - Get Free Report) in a report issued on Thursday,London Stock Exchange reports. The brokerage set a "buy" rating and a GBX 55 ($0.75) price target on the stock. Canaccord Genuity Group's price objective suggests a potential upside of 52.78% from the company's current price.
Made Tech Group Trading Up 18.0%
Shares of MTEC opened at GBX 36 ($0.49) on Thursday. The firm has a market cap of £53.77 million, a P/E ratio of -21.92 and a beta of 0.90. Made Tech Group has a 12 month low of GBX 14.50 ($0.20) and a 12 month high of GBX 36 ($0.49). The stock's 50 day moving average is GBX 28.58 and its two-hundred day moving average is GBX 26.88.
Made Tech Group Company Profile
(
Get Free Report)
Made Tech Group Plc provides digital, data, and technology services to the public sector in the United Kingdom. It offers digital delivery, embedded capabilities, data infrastructure and insights, and legacy application transformation services. The company provides services that enable central government, healthcare, and local government organizations to digitally transform.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Made Tech Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Made Tech Group wasn't on the list.
While Made Tech Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
