Berenberg Bank Reiterates “Hold” Rating for Learning Technologies Group (LON:LTG)

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

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

Learning Technologies Group Trading Down 1.9 %

Learning Technologies Group stock opened at GBX 72.90 ($0.96) on Tuesday. The firm has a 50-day moving average price of GBX 71.84 and a two-hundred day moving average price of GBX 78.59. Learning Technologies Group has a 52-week low of GBX 58.62 ($0.77) and a 52-week high of GBX 90.13 ($1.19). The firm has a market capitalization of £577.36 million, a price-to-earnings ratio of 1,822.50, a PEG ratio of 0.31 and a beta of 1.24. The company has a quick ratio of 1.11, a current ratio of 1.28 and a debt-to-equity ratio of 38.01.

Learning Technologies Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, October 28th. Shareholders of record on Thursday, October 3rd will be paid a dividend of GBX 0.45 ($0.01) per share. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a yield of 0.64%. Learning Technologies Group’s payout ratio is 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.