Learning Technologies Group (LON:LTG) Receives Hold Rating from Berenberg Bank

Berenberg Bank restated their hold rating on shares of Learning Technologies Group (LON:LTG) in a research note issued to investors on Tuesday, Marketbeat reports. Berenberg Bank currently has a GBX 80 ($1.06) price target on the stock.

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

Learning Technologies Group Price Performance

Shares of LON LTG opened at GBX 72.90 ($0.96) on Tuesday. The company has a current ratio of 1.28, a quick ratio of 1.11 and a debt-to-equity ratio of 38.01. The company has a market capitalization of £577.36 million, a price-to-earnings ratio of 1,822.50, a price-to-earnings-growth ratio of 0.31 and a beta of 1.24. Learning Technologies Group has a twelve month low of GBX 58.62 ($0.77) and a twelve month high of GBX 90.13 ($1.19). The business has a 50 day simple moving average of GBX 71.84 and a 200-day simple moving average of GBX 78.59.

Learning Technologies Group Cuts Dividend

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