Canaccord Genuity Group Lowers Bango (LON:BGO) Price Target to GBX 212

Bango (LON:BGO) had its price objective dropped by Canaccord Genuity Group from GBX 244 to GBX 212 in a report issued on Tuesday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 165.00% from the company’s previous close.

Bango Stock Down 3.0%

BGO stock opened at GBX 80 on Tuesday. The company has a current ratio of 0.71, a quick ratio of 2.37 and a debt-to-equity ratio of 37.64. Bango has a 1 year low of GBX 61.50 and a 1 year high of GBX 129. The company has a fifty day simple moving average of GBX 90.25 and a 200 day simple moving average of GBX 93.25. The firm has a market cap of £61.59 million, a PE ratio of -23.26 and a beta of 0.36.

Bango Company Profile

Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers.

The world’s largest content providers, including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) trust Bango technology to reach subscribers everywhere.

Bango, where people subscribe.