Begbies Traynor Group (LON:BEG) Price Target Raised to GBX 150

Begbies Traynor Group (LON:BEG) had its price objective lifted by Canaccord Genuity Group from GBX 148 ($1.88) to GBX 150 ($1.90) in a research report released on Tuesday morning,Digital Look reports. They currently have a buy rating on the stock.

Separately, Shore Capital reissued a “house stock” rating on shares of Begbies Traynor Group in a research note on Tuesday.

Begbies Traynor Group Stock Down 2.9 %

Shares of BEG opened at GBX 101 ($1.28) on Tuesday. Begbies Traynor Group has a one year low of GBX 83.08 ($1.05) and a one year high of GBX 120 ($1.52). The company has a market cap of £160.00 million, a P/E ratio of 10,100.00, a P/E/G ratio of 2.95 and a beta of 0.37. The company has a debt-to-equity ratio of 23.79, a current ratio of 1.31 and a quick ratio of 1.35. The firm has a 50 day simple moving average of GBX 92.81 and a two-hundred day simple moving average of GBX 98.99.

Insider Buying and Selling

In other Begbies Traynor Group news, insider Graham McInnes sold 137,200 shares of the stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 92 ($1.17), for a total value of £126,224 ($160,000.00). 26.47% of the stock is currently owned by company insiders.

About Begbies Traynor Group

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments: Insolvency and Advisory Services; and Property Advisory and Transactional Services. It offers business rescue and recovery services, including company administration, creditors' voluntary liquidation, company dissolution and strike off, company voluntary arrangement, compulsory liquidation, the Law of Property Act or fixed charge receiverships, members' voluntary liquidation, partnership liquidation, and personal insolvency services, as well as closure options for insolvent companies.