Todays Report: Today, Blancco Technology Group PLC (BLTG) Earns Buy Rating from Peel Hunt

Today, Blancco Technology Group PLC (BLTG) Earns Buy Rating from Peel Hunt

Blancco Technology Group PLC (LON:BLTG)‘s stock had its “buy” rating restated by research analysts at Peel Hunt in a research note issued to investors on Tuesday. They presently have a GBX 340 ($4.22) price objective on the stock. Peel Hunt’s price target indicates a potential upside of 51.06% from the company’s current price.

Separately, Panmure Gordon reaffirmed a “buy” rating and issued a GBX 326 ($4.04) target price on shares of Blancco Technology Group PLC in a research note on Tuesday, September 20th.

Blancco Technology Group PLC (LON:BLTG) opened at 223.00 on Tuesday. The company’s market capitalization is GBX 124.35 million. The firm has a 50-day moving average of GBX 215.33 and a 200-day moving average of GBX 215.99. Blancco Technology Group PLC has a one year low of GBX 162.07 and a one year high of GBX 335.00.

The firm also recently declared a dividend, which will be paid on Wednesday, December 7th. Stockholders of record on Thursday, November 3rd will be issued a dividend of GBX 1.34 ($0.02) per share. The ex-dividend date is Thursday, November 3rd. This is a boost from Blancco Technology Group PLC’s previous dividend of $0.66. This represents a dividend yield of 0.57%.

In other news, insider Matthew Peacock sold 209,728 shares of the stock in a transaction on Monday, October 3rd. The stock was sold at an average price of GBX 225 ($2.79), for a total transaction of £471,888 ($585,396.35).

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