Beeks Financial Cloud Group’s (BKS) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Beeks Financial Cloud Group (LON:BKS)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity Group in a research note issued to investors on Wednesday,Digital Look reports. They presently have a GBX 335 target price on the stock. Canaccord Genuity Group’s target price would indicate a potential upside of 61.67% from the stock’s current price.

Beeks Financial Cloud Group Stock Up 6.9%

Beeks Financial Cloud Group stock opened at GBX 207.22 on Wednesday. The company has a quick ratio of 1.85, a current ratio of 1.71 and a debt-to-equity ratio of 17.50. Beeks Financial Cloud Group has a 12-month low of GBX 145.50 and a 12-month high of GBX 330.86. The firm’s fifty day moving average is GBX 164.41 and its 200 day moving average is GBX 199.08. The company has a market capitalization of £141.60 million, a PE ratio of 181.77 and a beta of 0.39.

Beeks Financial Cloud Group (LON:BKS) last released its quarterly earnings data on Monday, March 16th. The company reported GBX (0.75) earnings per share for the quarter. Beeks Financial Cloud Group had a return on equity of 2.17% and a net margin of 2.68%. As a group, sell-side analysts predict that Beeks Financial Cloud Group will post 7.3180848 EPS for the current fiscal year.

About Beeks Financial Cloud Group

Cloud computing is crucial to Capital Markets and finance. Beeks Group is a leading managed cloud provider exclusively within this fast-moving sector. Our Infrastructure-as-a-Service model is optimised for low-latency private cloud compute, connectivity and analytics, providing the flexibility to deploy and connect to exchanges, trading venues and public cloud for a true hybrid cloud experience.

ISO 27001 certified, we provide world-class security aligned to global security requirements. Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year.