Learning Technologies Group (LON:LTG) Rating Lowered to Neutral at Goldman Sachs Group

Learning Technologies Group (LON:LTG) was downgraded by stock analysts at Goldman Sachs Group to a “neutral” rating in a note issued to investors on Thursday, Stock Target Advisor reports.

LTG has been the subject of a number of other reports. Berenberg Bank raised their price objective on Learning Technologies Group from GBX 180 ($2.37) to GBX 190 ($2.50) and gave the stock a “buy” rating in a research report on Tuesday, January 21st. Peel Hunt reissued a “buy” rating on shares of Learning Technologies Group in a research report on Monday, January 20th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Learning Technologies Group presently has an average rating of “Buy” and a consensus price target of GBX 156.17 ($2.05).

Shares of LON:LTG opened at GBX 160 ($2.10) on Thursday. The business has a 50-day moving average price of GBX 148.94 and a 200 day moving average price of GBX 123.75. The company has a current ratio of 0.82, a quick ratio of 0.77 and a debt-to-equity ratio of 27.79. The company has a market capitalization of $1.07 billion and a price-to-earnings ratio of 114.29. Learning Technologies Group has a 12-month low of GBX 58.80 ($0.77) and a 12-month high of GBX 163 ($2.14).

In other Learning Technologies Group news, insider Leslie-Ann Reed acquired 3,475,264 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was purchased at an average cost of GBX 119 ($1.57) per share, with a total value of £4,135,564.16 ($5,440,100.18).

Learning Technologies Group Company Profile

Learning Technologies Group plc, through its subsidiaries, provides various e-learning services and technologies in the United Kingdom, the United States, the Asia Pacific, Mainland Europe, Canada, and internationally. The company produces interactive multimedia programs. It also engages in mobile e-learning, bespoke e-learning, and educational games businesses, as well as e-learning interoperability, and e-learning software licensing and the provision of related services, as well as operates an employee benefit trust.

See Also: Why are analyst ratings important in trading stocks?

Analyst Recommendations for Learning Technologies Group (LON:LTG)

Receive News & Ratings for Learning Technologies Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Learning Technologies Group and related companies with MarketBeat.com's FREE daily email newsletter.