Begbies Traynor Group plc (LON:BEG) Declares Dividend of GBX 1.40

Begbies Traynor Group plc (LON:BEG) declared a dividend on Wednesday, December 10th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 1.40 ($0.02) per share on Wednesday, May 7th. This represents a dividend yield of 1.51%. The ex-dividend date is Thursday, April 10th. The official announcement can be seen at this link.

Begbies Traynor Group Stock Performance

Shares of Begbies Traynor Group stock opened at GBX 95.30 ($1.21) on Tuesday. Begbies Traynor Group has a 12 month low of GBX 83.08 ($1.06) and a 12 month high of GBX 110.50 ($1.41). The stock’s fifty day moving average price is GBX 95.35 and its 200-day moving average price is GBX 94.87. The firm has a market cap of £151.74 million, a P/E ratio of 103.83, a P/E/G ratio of 2.95 and a beta of 0.37. The company has a current ratio of 1.31, a quick ratio of 1.35 and a debt-to-equity ratio of 23.79.

Analysts Set New Price Targets

Several research firms have recently commented on BEG. Canaccord Genuity Group boosted their price target on shares of Begbies Traynor Group from GBX 148 ($1.88) to GBX 150 ($1.91) and gave the company a “buy” rating in a report on Tuesday, December 10th. Berenberg Bank reissued a “buy” rating and set a GBX 150 ($1.91) price objective on shares of Begbies Traynor Group in a report on Thursday, December 12th. Finally, Shore Capital restated a “house stock” rating on shares of Begbies Traynor Group in a report on Tuesday, December 10th.

About Begbies Traynor Group

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments: Insolvency and Advisory Services; and Property Advisory and Transactional Services. It offers business rescue and recovery services, including company administration, creditors' voluntary liquidation, company dissolution and strike off, company voluntary arrangement, compulsory liquidation, the Law of Property Act or fixed charge receiverships, members' voluntary liquidation, partnership liquidation, and personal insolvency services, as well as closure options for insolvent companies.