Blancco Technology Group PLC (LON:RGS) Price Target Cut to GBX 210
Blancco Technology Group PLC (LON:RGS) had its price objective trimmed by Peel Hunt from GBX 280 ($3.66) to GBX 210 ($2.74) in a report published on Wednesday morning, StockTargetPrices.com reports. The firm currently has a buy rating on the stock.
A number of other brokerages have also recently commented on RGS. Panmure Gordon reaffirmed a buy rating and set a GBX 300 ($3.92) price objective on shares of Blancco Technology Group PLC in a research note on Friday, May 19th. FinnCap assumed coverage on shares of Blancco Technology Group PLC in a research note on Wednesday, April 26th. They set a sell rating and a GBX 100 ($1.31) price objective on the stock.
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Blancco Technology Group PLC Company Profile
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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