Canaccord Genuity Group Reaffirms Buy Rating for Celebrus Technologies (LON:CLBS)

Canaccord Genuity Group reissued their buy rating on shares of Celebrus Technologies (LON:CLBS) in a research note issued to investors on Tuesday, Marketbeat reports. The firm currently has a GBX 330 ($4.23) price target on the stock.

Separately, Shore Capital restated a not rated rating on shares of Celebrus Technologies in a report on Tuesday.

Celebrus Technologies Stock Performance

CLBS stock opened at GBX 250.77 ($3.21) on Tuesday. The firm has a 50 day simple moving average of GBX 226.69 and a 200 day simple moving average of GBX 219.02. Celebrus Technologies has a 52 week low of GBX 176.50 ($2.26) and a 52 week high of GBX 260 ($3.33).

Celebrus Technologies Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, August 16th. Stockholders of record on Thursday, July 18th will be issued a dividend of GBX 2.23 ($0.03) per share. This represents a dividend yield of 0.89%. This is a positive change from Celebrus Technologies’s previous dividend of $0.92. The ex-dividend date is Thursday, July 18th.

Celebrus Technologies Company Profile

Celebrus Technologies plc, together with its subsidiaries, provides information technology products and services. It offers Celebrus, a suite of data-driven solutions for data capture, fraud and scams, and data management solutions. The company provides services that are focused on delivering data management solutions using public and private cloud infrastructure; and fraud detection and prevention services through fraud data platform.