Peel Hunt Reiterates Buy Rating for Blancco Technology Group PLC (BLTG)

Blancco Technology Group PLC (LON:BLTG)‘s stock had its “buy” rating restated by analysts at Peel Hunt in a report issued on Wednesday. They presently have a GBX 126 ($1.66) price objective on the stock. Peel Hunt’s target price points to a potential upside of 133.33% from the stock’s current price.

Separately, FinnCap decreased their target price on Blancco Technology Group PLC from GBX 108 ($1.43) to GBX 80 ($1.06) and set a “sell” rating for the company in a report on Monday, July 17th.

Blancco Technology Group PLC (BLTG) opened at 54.00 on Wednesday. Blancco Technology Group PLC has a 52 week low of GBX 49.00 and a 52 week high of GBX 308.00. The firm’s 50-day moving average is GBX 53.93 and its 200 day moving average is GBX 118.50. The stock’s market cap is GBX 30.11 million.

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About Blancco Technology Group PLC

Blancco Technology Group Plc, formerly Regenersis Plc, is a provider of mobile device diagnostics and secure data erasure solutions. The Company’s segments include Erasure and Diagnostics. 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.

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