4GLOBAL (LON:4GBL) Given New GBX 65 Price Target at Canaccord Genuity Group

4GLOBAL (LON:4GBL) had its target price trimmed by Canaccord Genuity Group from GBX 100 ($1.30) to GBX 65 ($0.85) in a report released on Wednesday morning,London Stock Exchange reports. The brokerage currently has a buy rating on the stock.

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 100 ($1.30) target price on shares of 4GLOBAL in a research report on Thursday, December 12th.

4GLOBAL Price Performance

4GLOBAL stock opened at GBX 26.67 ($0.35) on Wednesday. The business’s 50-day simple moving average is GBX 40.74 and its 200 day simple moving average is GBX 43.92. The company has a quick ratio of 3.05, a current ratio of 3.15 and a debt-to-equity ratio of 6.72. 4GLOBAL has a 12-month low of GBX 25 ($0.33) and a 12-month high of GBX 56.85 ($0.74). The stock has a market cap of £7.02 million, a price-to-earnings ratio of -2,666.70 and a beta of -0.40.

About 4GLOBAL

4GLOBAL empowers sports, fitness and wellness organisations to make faster, smarter decisions about their operations, customers and investments through data and actionable insights.

It operates the largest sport participation and facility database in the world, with more than 4 billion data points.

Its customers span both the public and private sectors, including central and local governments (e.g.