The Boutique Group (LON:TBTG) Price Target Raised to GBX 420

The Boutique Group (LON:TBTGFree Report) had its target price hoisted by Berenberg Bank from GBX 400 to GBX 420 in a report released on Wednesday, MarketBeat reports. The firm currently has a buy rating on the stock.

The Boutique Group Stock Performance

Shares of LON TBTG traded down GBX 1 during mid-day trading on Wednesday, reaching GBX 264. 791,614 shares of the company traded hands. The firm has a market cap of £292.25 million and a price-to-earnings ratio of 54.77.

The Boutique Group Company Profile

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The Beauty Tech Group was founded on a simple idea: that professional beauty technology can be miniaturised safely and effectively to be used at home. The Group encompasses three exclusively owned innovative and premium brands –CurrentBody Skin, ZIIP Beauty and Tria Laser – under which it develops, manufactures and retails at-home beauty devices using aesthetic technologies that have been used in professional clinics for decades.

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