The Beauty Tech Group (LON:TBTG) Now Covered by Analysts at Canaccord Genuity Group

Investment analysts at Canaccord Genuity Group initiated coverage on shares of The Beauty Tech Group (LON:TBTG) in a report released on Monday,London Stock Exchange reports. The firm set a “buy” rating and a GBX 545 price target on the beauty technology company ‘s stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 53.95% from the company’s current price.

Separately, Berenberg Bank upped their price target on shares of The Beauty Tech Group from GBX 500 to GBX 550 and gave the company a “buy” rating in a report on Tuesday, July 7th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, The Beauty Tech Group currently has a consensus rating of “Buy” and an average target price of GBX 547.50.

The Beauty Tech Group Stock Up 1.4%

TBTG stock opened at GBX 354 on Monday. The Beauty Tech Group has a twelve month low of GBX 213 and a twelve month high of GBX 370. The stock has a market capitalization of £375.95 million and a price-to-earnings ratio of 32.18. The firm’s fifty day simple moving average is GBX 343.34 and its two-hundred day simple moving average is GBX 313.30.

The Beauty Tech Group Company Profile

The Beauty Tech Group is a UK-headquartered beauty technology company focused on developing, marketing and selling clinically backed at-home beauty devices and related skincare products. The group operates a portfolio of category-leading brands, including CurrentBody Skin, ZIIP Beauty and Tria Laser, and offers products built around core aesthetic technologies used in professional settings, including LED light therapy, radio frequency, microcurrent and laser treatments.