BTG (LON:BTG) Releases Quarterly Earnings Results

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

BTG Stock Down 1.7%

Shares of BTG stock traded down GBX 1.86 during trading hours on Wednesday, reaching GBX 110.14. The company had a trading volume of 491,377 shares, compared to its average volume of 291,186. BTG has a twelve month low of GBX 107 and a twelve month high of GBX 130. The company’s fifty day simple moving average is GBX 119.81. The stock has a market capitalization of £177.48 million and a P/E ratio of 18.36.

Analyst Upgrades and Downgrades

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

BTG Company Profile

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.