Blancco Technology Group (BLTG) Price Target Raised to GBX 154

Blancco Technology Group (LON:BLTG) had its price target increased by Peel Hunt from GBX 126 ($1.65) to GBX 154 ($2.01) in a report released on Wednesday, Digital Look reports. They currently have a buy rating on the stock.

Shares of LON:BLTG traded down GBX 3.50 ($0.05) during midday trading on Wednesday, reaching GBX 140 ($1.83). The company’s stock had a trading volume of 200,030 shares, compared to its average volume of 26,792. The company has a market capitalization of $88.09 million and a price-to-earnings ratio of 40.00. The company has a debt-to-equity ratio of 12.97, a current ratio of 1.75 and a quick ratio of 1.73. Blancco Technology Group has a fifty-two week low of GBX 73 ($0.95) and a fifty-two week high of GBX 125.03 ($1.63).

About Blancco Technology Group

Blancco Technology Group plc, together with its subsidiaries, provides mobile device diagnostics and data erasure services in the United States, the United Kingdom, the Asia Pacific, and internationally. It offers Blancco Drive Eraser, which erases sensitive data from HDDs and complex SSDs in PC desktop computers, laptops, and servers; Blancco Mobile Solutions, a mobile diagnostics testing and erasure solution; and Blancco File Eraser, which erases sensitive files and folders from PC desktop computers, laptops, and servers.

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