Begbies Traynor Group (LON:BEG) Earns “House Stock” Rating from Shore Capital

Shore Capital reissued their house stock rating on shares of Begbies Traynor Group (LON:BEG) in a report released on Tuesday, MarketBeat reports.

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

Begbies Traynor Group Trading Down 1.0 %

Begbies Traynor Group stock opened at GBX 101 ($1.33) on Tuesday. 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 stock has a market cap of £159.86 million, a price-to-earnings ratio of 10,100.00, a price-to-earnings-growth ratio of 2.95 and a beta of 0.37. The firm has a fifty day simple moving average of GBX 101.52 and a 200 day simple moving average of GBX 104.61.

Begbies Traynor Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Thursday, October 10th will be issued a GBX 2.70 ($0.04) dividend. The ex-dividend date is Thursday, October 10th. This is a positive change from Begbies Traynor Group’s previous dividend of $1.30. This represents a yield of 2.72%. Begbies Traynor Group’s dividend payout ratio is 40,000.00%.

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.