Begbies Traynor Group (LON:BEG) Stock Rating Reaffirmed by Shore Capital

Begbies Traynor Group (LON:BEG)‘s stock had its “house stock” rating reissued by stock analysts at Shore Capital in a research note issued on Tuesday, Digital Look reports.

Separately, Canaccord Genuity Group cut their price target on shares of Begbies Traynor Group from GBX 175 ($2.31) to GBX 158 ($2.09) and set a “buy” rating for the company in a report on Tuesday, July 9th.

Begbies Traynor Group Price Performance

Begbies Traynor Group stock opened at GBX 100.26 ($1.32) on Tuesday. The stock’s fifty day moving average price is GBX 101.40 and its two-hundred day moving average price is GBX 104.83. The firm has a market cap of £158.69 million, a PE ratio of 10,026.00, a price-to-earnings-growth 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. Begbies Traynor Group has a one year low of GBX 95.28 ($1.26) and a one year high of GBX 131.50 ($1.74).

Begbies Traynor Group Company Profile

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.