Berenberg Bank Forecasts Strong Price Appreciation for BTG (LON:BTG) Stock

BTG (LON:BTG) had its price target boosted by analysts at Berenberg Bank from GBX 150 to GBX 155 in a note issued to investors on Tuesday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price target suggests a potential upside of 28.09% from the stock’s previous close.

A number of other research analysts have also recently weighed in on BTG. Stifel Nicolaus restated a “buy” rating on shares of BTG in a research note on Wednesday, April 22nd. Canaccord Genuity Group lifted their target price on shares of BTG from GBX 160 to GBX 165 and gave the company a “buy” rating in a research note on Thursday, May 21st. Finally, Shore Capital Group restated a “house stock” rating on shares of BTG in a research note on Thursday, May 21st. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 160.

BTG Stock Down 0.4%

Shares of BTG stock opened at GBX 121 on Tuesday. The stock’s fifty day simple moving average is GBX 118.27. The stock has a market cap of £194.88 million and a PE ratio of 20.17. BTG has a 1-year low of GBX 110 and a 1-year high of GBX 124.

About BTG

BTG is a leading financial and real estate advisory group. We use our expertise to enhance, protect, and realise the value of our clients’ businesses, assets, and investments. Turning complexity into clarity, we support clients in funding and delivering their projects and navigating periods of challenge and change.

We operate across eight seamless service lines, each combining to support our clients throughout every stage of their business’s lifecycle.

• Restructuring – Restructuring and recovery services supporting businesses through challenges, opportunities, realising value, and regaining control
• Financial Advisory – Expert advice for success: developing strategy, evolving leadership, optimising profitability, and maximising capital
• Deal Advisory – End-to-end deal expertise de-risking and improving deals for strategic growth or exit through M&As
• Funding and Insurance – Tailored finance and insurance solutions driving sustainable success and protecting your business
• Agency and Auctions – Expert agency and auction services quickly unlocking property, business, and asset value
• Projects and Developments – Planning and delivering bespoke building solutions that help you achieve your property goals
• Property Management and Insurance – Insuring and ensuring property portfolio performance through expert management services
• Valuations and Asset Advisory – RICS-certified valuations and asset advisory delivering confidence in value across lease and asset strategy

With over 1,400 experts working across 50+ UK locations as well as 5 offshore offices, we connect our clients to a national network of expertise.