Learning Technologies Group (LON:LTG) Stock Rating Reaffirmed by Berenberg Bank

Berenberg Bank restated their hold rating on shares of Learning Technologies Group (LON:LTG) in a research report report published on Tuesday, MarketBeat.com reports. They currently have a GBX 80 ($1.06) price target on the stock.

Separately, Canaccord Genuity Group reissued a speculative buy rating and set a GBX 100 ($1.32) price objective on shares of Learning Technologies Group in a research note on Wednesday.

Learning Technologies Group Trading Up 3.8 %

Shares of LTG stock opened at GBX 74.30 ($0.98) on Tuesday. Learning Technologies Group has a fifty-two week low of GBX 58.62 ($0.77) and a fifty-two week high of GBX 90.13 ($1.19). The company has a quick ratio of 1.11, a current ratio of 1.28 and a debt-to-equity ratio of 38.01. The business has a fifty day simple moving average of GBX 72.08 and a 200-day simple moving average of GBX 78.66. The stock has a market cap of £588.45 million, a P/E ratio of 1,857.50, a P/E/G ratio of 0.31 and a beta of 1.24.

Learning Technologies Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, October 28th. Stockholders of record on Thursday, October 3rd will be given a GBX 0.45 ($0.01) dividend. This represents a dividend yield of 0.64%. The ex-dividend date is Thursday, October 3rd. Learning Technologies Group’s dividend payout ratio is currently 5,000.00%.

Learning Technologies Group Company Profile

Learning Technologies Group plc, together with its subsidiaries, provides talent and learning solutions, content, services, and digital platforms to corporate and government clients. The company operates in two segments, Content & Services and Software & Platforms. Its software and platforms include Gomo, a cloud-based HTML5 e-learning authoring distribution and video platform; Rustici Software, which offers software and expertise to help companies create, distribute, manage, and play e-learning-compliant content; PeopleFluent, an integrated talent management and learning solution; and Affirmity that provides a portfolio of software, consulting services, and blended learning solutions.