Big Technologies (LON:BIG) Price Target Raised to GBX 100
by Sarita Garza · The Markets DailyBig Technologies (LON:BIG – Free Report) had its target price hoisted by Peel Hunt from GBX 80 to GBX 100 in a research note released on Thursday morning,London Stock Exchange reports. The brokerage currently has a hold rating on the stock.
Several other research analysts have also recently issued reports on BIG. Berenberg Bank reaffirmed a “hold” rating and set a GBX 105 target price on shares of Big Technologies in a research report on Tuesday, January 27th. Canaccord Genuity Group reiterated a “hold” rating and issued a GBX 80 price objective on shares of Big Technologies in a research note on Thursday, October 2nd. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of GBX 95.
Read Our Latest Report on Big Technologies
Big Technologies Stock Up 1.5%
BIG stock opened at GBX 104.50 on Thursday. The stock has a market capitalization of £305.83 million, a price-to-earnings ratio of -9.86 and a beta of 0.51. The business’s fifty day moving average price is GBX 77.98 and its two-hundred day moving average price is GBX 81.10. Big Technologies has a fifty-two week low of GBX 56.17 and a fifty-two week high of GBX 123.50. The company has a debt-to-equity ratio of 1.41, a current ratio of 13.12 and a quick ratio of 7.23.
About Big Technologies
Big Technologies is the parent company of the Buddi group, which was founded in 2005. Today, Big Technologies is a proven supplier of innovative and high-quality products and services to the remote personal monitoring industry. Big Technologies provides products and services under the ‘Buddi’ brand with the primary focus being the criminal justice market. Big Technologies (under the Buddi brand) has created a leading, integrated technology platform (including both hardware and software solutions) for remote monitoring of individuals, providing state-of-the-art Electronic Monitoring (EM) solutions on a SaaS-like, subscription basis.