Blancco Technology Group PLC (RGS) Price Target Increased to GBX 108 by Analysts at FinnCap
Blancco Technology Group PLC (LON:RGS) had its price target lifted by analysts at FinnCap from GBX 80 ($1.04) to GBX 108 ($1.41) in a research report issued to clients and investors on Monday, StockTargetPrices.com reports. The brokerage currently has a “sell” rating on the stock. FinnCap’s price objective indicates a potential downside of 46.53% from the stock’s current price.
A number of other research analysts have also weighed in on RGS. Peel Hunt reiterated a “buy” rating and issued a GBX 280 ($3.66) price objective on shares of Blancco Technology Group PLC in a research note on Thursday, May 4th. Panmure Gordon reiterated a “buy” rating and issued a GBX 300 ($3.92) price objective on shares of Blancco Technology Group PLC in a research note on Friday, May 19th.
Blancco Technology Group PLC Company Profile
Blancco Technology Group Plc, formerly Regenersis Plc, is a provider of mobile device diagnostics and secure data erasure solutions. The Company’s segments include Erasure and Diagnostics. The Erasure segment focuses on development and delivery of solutions, and includes Blancco, which provides erasure software; SafeIT, which is engaged in cloud and networked data erasure business, and Tabernus, which is engaged in providing software erasure products.
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