Beeks Financial Cloud Group PLC 27.8% potential upside indicated by Canaccord Genuity

Beeks Financial Cloud Group PLC with ticker (LON:BKS) now has a potential upside of 27.8% according to Canaccord Genuity.



Canaccord Genuity set a target price of 220 GBX for the company, which when compared to the Beeks Financial Cloud Group PLC share price of 159 GBX at opening today (31/05/2022) indicates a potential upside of 27.8%. Trading has ranged between 107 (52 week low) and 210 (52 week high) with an average of 70,977 shares exchanging hands daily. The market capitalisation at the time of writing is £103,015,599.

Beeks Financial Cloud Group PLC is a United Kingdom-based company, which is engaged in providing managed cloud computing, connectivity, and analytics in the financial market. The principal activity of the Company is the provision of information technology services. The Company operates through three segments: institutional, private, and analytics customers. The Company is focused on providing low latency VPS (Virtual Private Server) services to the retail trading market. It provides a range of services, which includes on demand compute, managed cloud, beeks analytics, trading infrastructure, connectivity, open finance, and security. The on-demand compute solutions consist of dedicated server, VPS, and private portal. Its managed cloud includes proximity cloud, private cloud, hybrid cloud, and public cloud. Its trading infrastructure consists of exchange and execution, colocation, microwave, and precision time protocol (PTP). The open finance is a second payment services directive.