November 29, 2016 - By Hazel Jackson
London: In an analyst note revealed to investors and clients on Tuesday morning, Panmure Gordon reconfirmed their Buy rating on shares of Blancco Technology Group Plc (LON:BLTG). They currently have a GBX 326.00 TP on the firm. Panmure Gordon’s target indicates a potential upside of 47.18% from the company’s last close price.
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 48.00% above today’s (GBX 225) stock price. has been the topic of 11 analyst reports since April 6, 2016 according to StockzIntelligence Inc. Peel Hunt maintained the shares of BLTG in a report on Friday, May 6 with “Buy” rating. The stock of Blancco Technology Group PLC (LON:BLTG) has “Buy” rating given on Monday, April 18 by Peel Hunt. Panmure Gordon maintained Blancco Technology Group PLC (LON:BLTG) on Monday, April 18 with “Buy” rating. Panmure Gordon maintained it with “Buy” rating and GBX 326 target price in Tuesday, September 20 report. The company was maintained on Thursday, August 25 by Peel Hunt. Peel Hunt maintained Blancco Technology Group PLC (LON:BLTG) on Thursday, September 1 with “Buy” rating. The rating was maintained by Panmure Gordon with “Buy” on Wednesday, July 13. Peel Hunt maintained the shares of BLTG in a report on Wednesday, July 13 with “Buy” rating. The rating was maintained by Peel Hunt with “Buy” on Wednesday, April 6. As per Thursday, November 10, the company rating was maintained by Peel Hunt.
About 1.62M shares traded hands or 3024.28% 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 131.24 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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