Begbies Traynor Group (LON:BEG) Earns Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Begbies Traynor Group (LON:BEG) in a research report released on Tuesday morning, Marketbeat.com reports. They currently have a GBX 175 ($2.22) price target on the stock.

Begbies Traynor Group Trading Down 0.9 %

Shares of LON:BEG opened at GBX 107.50 ($1.37) on Tuesday. The company has a market capitalization of £169.85 million, a P/E ratio of 5,675.00, a P/E/G ratio of 2.95 and a beta of 0.30. The company has a debt-to-equity ratio of 21.73, a current ratio of 1.33 and a quick ratio of 1.35. Begbies Traynor Group has a 1 year low of GBX 102.50 ($1.30) and a 1 year high of GBX 136.50 ($1.73). The business’s 50 day simple moving average is GBX 106.94 and its 200 day simple moving average is GBX 112.16.

Begbies Traynor Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, April 11th were given a dividend of GBX 1.30 ($0.02) per share. The ex-dividend date of this dividend was Thursday, April 11th. This represents a dividend yield of 1.11%.

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.