4GLOBAL (LON:4GBL) Price Target Lowered to GBX 65 at Canaccord Genuity Group

4GLOBAL (LON:4GBL) had its target price cut by analysts at Canaccord Genuity Group from GBX 100 ($1.30) to GBX 65 ($0.84) in a report released on Wednesday, Marketbeat reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 144.36% from the stock’s previous close.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 100 ($1.30) target price on shares of 4GLOBAL in a research note on Thursday, December 12th.

4GLOBAL Trading Down 3.3 %

Shares of 4GBL stock opened at GBX 26.60 ($0.34) on Wednesday. The company has a debt-to-equity ratio of 6.72, a current ratio of 3.15 and a quick ratio of 3.05. The firm has a market cap of £7.01 million, a PE ratio of -2,660.00 and a beta of -0.40. The company has a 50-day moving average of GBX 40.32 and a two-hundred day moving average of GBX 43.80. 4GLOBAL has a 1-year low of GBX 25 ($0.32) and a 1-year high of GBX 56.85 ($0.74).

4GLOBAL Company Profile

4GLOBAL empowers sports, fitness and wellness organisations to make faster, smarter decisions about their operations, customers and investments through data and actionable insights.

It operates the largest sport participation and facility database in the world, with more than 4 billion data points.

Its customers span both the public and private sectors, including central and local governments (e.g.