Rating Alert: Blancco Technology Group Plc (LON:BLTG) “Buy” Rating Reconfirmed by Analysts at Peel Hunt; The Target Price per Share Given is GBX 340.00

November 29, 2016 - By Linda Rogers

Blancco Technology Group Plc (LON:BLTG) Rating

Blancco Technology Group Plc (LON:BLTG) had its stock rating noted as “Buy” by analysts at Peel Hunt. Peel Hunt currently has a GBX 340.00 PT on the 130.07M GBP market cap company or 53.50% upside potential. This was disclosed in an analyst note on 29 November.

Blancco Technology Group PLC (LON:BLTG) Ratings Coverage

Out of 2 analysts covering (LON:BLTG), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 340 is the highest target while GBX 320 is the lowest. The GBX 333 average target is 49.33% above today’s (GBX 223) stock price. has been the topic of 11 analyst reports since April 6, 2016 according to StockzIntelligence Inc. The stock of Blancco Technology Group PLC (LON:BLTG) earned “Buy” rating by Peel Hunt on Thursday, September 1. On Wednesday, July 13 the stock rating was maintained by Panmure Gordon with “Buy”. The firm earned “Buy” rating on Thursday, August 25 by Peel Hunt. The rating was maintained by Peel Hunt on Wednesday, April 6 with “Buy”. On Monday, April 18 the stock rating was maintained by Panmure Gordon with “Buy”. Peel Hunt maintained the shares of BLTG in a report on Wednesday, July 13 with “Buy” rating. The firm earned “Buy” rating on Tuesday, September 20 by Panmure Gordon. The stock of Blancco Technology Group PLC (LON:BLTG) earned “Buy” rating by Peel Hunt on Monday, April 18. The stock of Blancco Technology Group PLC (LON:BLTG) has “Buy” rating given on Thursday, November 10 by Peel Hunt. The rating was maintained by Peel Hunt with “Buy” on Friday, May 6.

About 1.63 million shares traded hands or 3043.56% up from the average. Blancco Technology Group PLC (LON:BLTG) has declined 8.21% since May 2, 2016 and is downtrending. It has underperformed by 13.47% the S&P500.

Blancco Technology Group Plc, formerly Regenersis Plc, is a well-known provider of mobile device diagnostics and secure data erasure solutions. The company has a market cap of 130.07 million GBP. The Company’s divisions include Erasure and Diagnostics. It currently has negative earnings. 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.

Another recent and important Blancco Technology Group PLC (LON:BLTG) news was published by Uk.Finance.Yahoo.com which published an article titled: “Blancco Technology Group plc (RGS.L)” on March 30, 2014.

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