Bango (BGO)

Sector:

IT Services

Index:

FTSE AIM All-Share

103.14p
   
  • Change Today:
      2.14p
  • 52 Week High: 206.00p
  • 52 Week Low: 95.60p
  • Currency: UK Pounds
  • Shares Issued: 76.83m
  • Volume: 79,462
  • Market Cap: £79.25m
  • RiskGrade: 277
  • Beta: 0.22

Berenberg reiterates 'buy' on Bango after DOCOMO Digital acquisition

By Alexander Bueso

Date: Tuesday 30 Aug 2022

LONDON (ShareCast) - (Sharecast News) - Analysts at Berenberg kept their recommendation for payments technology outfit Bango at 'buy' following its acquisition of rival NTT DOCOMO.
"As we have consistently stated, scale is key to success in carrier billing," they argued.

And DOCOMO had done just that, they pointed out, building up a portfolio of international merchant clients that included the likes of Amazon and Shopify, alongside partnerships with 60 mobile network operators which together had over 1.9bn users.

Furthermore, they expected the deal to be earnings accretive from fiscal year 2023, so with the "backdrop for mobile commerce as strong as possible", they stuck to their recommendation to 'buy'.

Their 300.0p target price for the shares was also unchanged.



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Bango Market Data

Currency UK Pounds
Share Price 103.14p
Change Today 2.14p
% Change 2.12 %
52 Week High 206.00p
52 Week Low 95.60p
Volume 79,462
Shares Issued 76.83m
Market Cap £79.25m
Beta 0.22
RiskGrade 277

Bango Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
58.17% below the market average58.17% below the market average58.17% below the market average58.17% below the market average58.17% below the market average
30% below the sector average30% below the sector average30% below the sector average30% below the sector average30% below the sector average
Price Trend
66.51% below the market average66.51% below the market average66.51% below the market average66.51% below the market average66.51% below the market average
74.71% below the sector average74.71% below the sector average74.71% below the sector average74.71% below the sector average74.71% below the sector average
Income Not Available
Growth
0.46% below the market average0.46% below the market average0.46% below the market average0.46% below the market average0.46% below the market average
17.50% above the sector average17.50% above the sector average17.50% above the sector average17.50% above the sector average17.50% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Bango Dividends

No dividends found

Trades for 25-Nov-2024

Time Volume / Share Price
08:22 500 @ 103.90p
08:18 5,770 @ 103.98p
08:17 2,000 @ 103.90p
08:17 500 @ 103.90p
08:16 5,000 @ 103.89p

Bango Key Personnel

CEO Paul Larbey

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