Begbies Traynor Group (LON:BEG) Receives House Stock Rating from Shore Capital

Begbies Traynor Group (LON:BEG)‘s stock had its “house stock” rating restated by equities research analysts at Shore Capital in a research note issued on Monday, Marketbeat.com reports.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 158 ($2.00) price target on shares of Begbies Traynor Group in a research note on Tuesday, September 17th.

Begbies Traynor Group Trading Up 0.7 %

Shares of BEG stock opened at GBX 91.60 ($1.16) on Monday. The company has a 50 day moving average price of GBX 93.25 and a 200 day moving average price of GBX 99.34. Begbies Traynor Group has a fifty-two week low of GBX 83.08 ($1.05) and a fifty-two week high of GBX 120 ($1.52). The company has a debt-to-equity ratio of 23.79, a quick ratio of 1.35 and a current ratio of 1.31. The stock has a market capitalization of £145.11 million, a P/E ratio of 9,160.00, a price-to-earnings-growth ratio of 2.95 and a beta of 0.37.

Insider Buying and Selling

In related news, insider Graham McInnes sold 137,200 shares of the business’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of GBX 92 ($1.17), for a total transaction of £126,224 ($159,939.18). 26.47% of the stock is owned by company insiders.

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.