Peel Hunt Initiates Coverage on Blancco Technology Group PLC (RGS)
Peel Hunt initiated coverage on shares of Blancco Technology Group PLC (LON:RGS) in a research note issued to investors on Tuesday, StockTargetPrices.com reports. The firm set a “buy” rating and a GBX 340 ($4.44) price target on the stock. Peel Hunt’s target price points to a potential upside of 68.32% from the stock’s previous close.
Separately, Panmure Gordon reiterated a “buy” rating and set a GBX 326 ($4.26) target price on shares of Blancco Technology Group PLC in a research note on Wednesday, July 13th.
Blancco Technology Group PLC (LON:RGS) opened at 202.00 on Tuesday. Blancco Technology Group PLC has a one year low of GBX 135.00 and a one year high of GBX 244.00. The stock has a 50 day moving average of GBX 211.73 and a 200-day moving average of GBX 192.69.
Blancco Technology Group PLC Company Profile
Blancco Technology Group plc, formerly Regenersis Plc, is engaged in global software business, comprising Blancco, SafeIT, Xcaliber and Tabernus, focused on managing the considerable opportunities in data erasure. The Company provides mobile device diagnostics and data erasure solutions. Its clientele consists of equipment manufacturers, mobile network operators, retailers, financial institutions, insurers, repair service providers, healthcare providers and government organizations across the world.
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