Bango plc 26.5% potential upside indicated by Liberum Capital

Bango plc with ticker (LON:BGO) now has a potential upside of 26.5% according to Liberum Capital.



Liberum Capital set a target price of 260 GBX for the company, which when compared to the Bango plc share price of 191 GBX at opening today (27/10/2021) indicates a potential upside of 26.5%. Trading has ranged between 150 (52 week low) and 237 (52 week high) with an average of 158,290 shares exchanging hands daily. The market capitalisation at the time of writing is £149,616,653.

Bango PLC (Bango) offers the Bango mobile payment platform. The Company’s principal activity is the development, marketing and sale of technology to enable mobile phone users to make payments for digital content and media on smartphones and tablets. The Company’s segments include End user activity and Platform fees. The End user activity segment includes the content access fees paid by end users for accessing chargeable content provided by digital merchants, adjusted to take account of whether Bango is agent or principal in the transactions. The Platform fees segment includes the amounts paid to Bango by digital merchants and others for package fees and other services, including analytics and operator connections. Bango Grid is a resource for Bango application store partners to plan their payments strategy. Bango Grid enables partners to find the statistics of every mobile operator globally, and a range of other payment methods.