4GLOBAL (LON:4GBL) Price Target Lowered to GBX 65 at Canaccord Genuity Group

4GLOBAL (LON:4GBL) had its price target cut by Canaccord Genuity Group from GBX 100 ($1.29) to GBX 65 ($0.84) in a research report sent to investors on Wednesday, MarketBeat.com reports. They currently have a buy rating on the stock.

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 100 ($1.29) target price on shares of 4GLOBAL in a research report on Thursday, December 12th.

4GLOBAL Stock Performance

Shares of LON 4GBL opened at GBX 27.55 ($0.36) on Wednesday. The firm has a 50 day moving average of GBX 39.87 and a 200 day moving average of GBX 43.65. The company has a current ratio of 3.15, a quick ratio of 3.05 and a debt-to-equity ratio of 6.72. The firm has a market capitalization of £7.26 million, a price-to-earnings ratio of -2,755.00 and a beta of -0.40. 4GLOBAL has a 12-month low of GBX 25 ($0.32) and a 12-month high of GBX 55.50 ($0.72).

4GLOBAL Company Profile

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.