BTG (LON:BTG) Announces Quarterly Earnings Results

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

BTG Price Performance

LON:BTG traded up GBX 3.66 during mid-day trading on Tuesday, reaching GBX 111.66. 936,185 shares of the stock were exchanged, compared to its average volume of 292,179. The company has a 50 day moving average of GBX 119.95. BTG has a 1 year low of GBX 107 and a 1 year high of GBX 130. The firm has a market capitalization of £179.93 million and a PE ratio of 18.61.

Wall Street Analyst Weigh In

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