Blancco Technology Group PLC (LON:BLTG)‘s stock had its “buy” rating restated by research analysts at Peel Hunt in a research note issued to investors on Tuesday. They presently have a GBX 340 ($4.22) price objective on the stock. Peel Hunt’s price target indicates a potential upside of 51.06% from the company’s current price.

Separately, Panmure Gordon reaffirmed a “buy” rating and issued a GBX 326 ($4.04) target price on shares of Blancco Technology Group PLC in a research note on Tuesday, September 20th.

Blancco Technology Group PLC (LON:BLTG) opened at 223.00 on Tuesday. The company’s market capitalization is GBX 124.35 million. The firm has a 50-day moving average of GBX 215.33 and a 200-day moving average of GBX 215.99. Blancco Technology Group PLC has a one year low of GBX 162.07 and a one year high of GBX 335.00.

The firm also recently declared a dividend, which will be paid on Wednesday, December 7th. Stockholders of record on Thursday, November 3rd will be issued a dividend of GBX 1.34 ($0.02) per share. The ex-dividend date is Thursday, November 3rd. This is a boost from Blancco Technology Group PLC’s previous dividend of $0.66. This represents a dividend yield of 0.57%.

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In other news, insider Matthew Peacock sold 209,728 shares of the stock in a transaction on Monday, October 3rd. The stock was sold at an average price of GBX 225 ($2.79), for a total transaction of £471,888 ($585,396.35).

About Blancco Technology Group PLC

Blancco Technology Group plc, formerly Regenersis Plc, is engaged in global software business, comprising Blancco, SafeIT, Xcaliber and Tabernus, focused on managing the considerable opportunities in data erasure. The Company provides mobile device diagnostics and data erasure solutions. Its clientele consists of equipment manufacturers, mobile network operators, retailers, financial institutions, insurers, repair service providers, healthcare providers and government organizations across the world.

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