BTG (LON:BTG) Announces Earnings Results

BTG (LON:BTG) issued its quarterly earnings data on Monday. The company reported GBX 11.50 earnings per share (EPS) for the quarter, Digital Look Earnings reports.

BTG Stock Down 1.3%

Shares of LON:BTG traded down GBX 1.50 during midday trading on Wednesday, hitting GBX 110.50. The company’s stock had a trading volume of 429,700 shares, compared to its average volume of 290,587. The stock’s 50 day moving average is GBX 119.81. The firm has a market capitalization of £178.06 million and a PE ratio of 18.42. BTG has a fifty-two week low of GBX 107 and a fifty-two week high of GBX 130.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on BTG. Berenberg Bank increased their price objective on BTG from GBX 150 to GBX 155 and gave the company a “buy” rating in a report on Tuesday, May 26th. Canaccord Genuity Group boosted their target price on BTG from GBX 160 to GBX 165 and gave the stock a “buy” rating in a report on Thursday, May 21st. Stifel Nicolaus reiterated a “buy” rating on shares of BTG in a report on Wednesday, April 22nd. Finally, Shore Capital Group reissued a “house stock” rating on shares of BTG in a research report on Friday, June 5th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, BTG currently has a consensus rating of “Buy” and a consensus price target of GBX 160.

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.