Blancco Technology Group (BLTG) Receives “Buy” Rating from Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Blancco Technology Group (LON:BLTG) in a research report sent to investors on Monday morning. The brokerage currently has a GBX 126 ($1.70) target price on the stock.

Separately, FinnCap reaffirmed a sell rating and set a GBX 25 ($0.34) price target on shares of Blancco Technology Group in a report on Thursday, November 9th.

Blancco Technology Group (BLTG) traded down GBX 0.50 ($0.01) during trading hours on Monday, hitting GBX 77 ($1.04). 12,891 shares of the stock were exchanged, compared to its average volume of 278,902. Blancco Technology Group has a 12-month low of GBX 49 ($0.66) and a 12-month high of GBX 308 ($4.15).

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About Blancco Technology Group

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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