Berenberg Bank Boosts Big Technologies (LON:BIG) Price Target to GBX 345
[ad_1]
Big Technologies (LON:BIG – Get Rating) had its price target increased by research analysts at Berenberg Bank from GBX 320 ($3.87) to GBX 345 ($4.17) in a report issued on Tuesday, LSE.Co.UK reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price objective indicates a potential upside of 17.35% from the stock’s current price.
Big Technologies Price Performance
BIG stock traded down GBX 4 ($0.05) during trading on Tuesday, hitting GBX 294 ($3.55). 26,804 shares of the stock traded hands, compared to its average volume of 102,196. The stock has a market cap of £853.39 million and a price-to-earnings ratio of 7,350.00. Big Technologies has a one year low of GBX 188.21 ($2.27) and a one year high of GBX 374 ($4.52). The company has a current ratio of 8.21, a quick ratio of 7.77 and a debt-to-equity ratio of 0.47. The company has a 50 day simple moving average of GBX 254.37 and a 200 day simple moving average of GBX 259.51.
Insider Activity
In related news, insider Charles James John Lewinton sold 41,000 shares of the firm’s stock in a transaction on Thursday, September 15th. The stock was sold at an average price of GBX 295 ($3.56), for a total transaction of £120,950 ($146,145.48). In related news, insider Daren John Morris bought 40,000 shares of Big Technologies stock in a transaction dated Friday, July 22nd. The shares were bought at an average cost of GBX 230 ($2.78) per share, for a total transaction of £92,000 ($111,164.81). Also, insider Charles James John Lewinton sold 41,000 shares of the stock in a transaction that occurred on Thursday, September 15th. The shares were sold at an average price of GBX 295 ($3.56), for a total transaction of £120,950 ($146,145.48).
About Big Technologies
Big Technologies Plc provides products and services to the remote personal monitoring industry under the Buddi brand name in the United Kingdom and internationally. The company’s criminal justice solution includes proprietary cloud-based monitoring software platform with modular hardware that allow real time tracking monitoring.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to co*****@ma********.com.
Before you consider Big Technologies, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Big Technologies wasn’t on the list.
While Big Technologies currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
[ad_2]
Source link
