Edison Issues Initiation on Blancco Technology Group (BLTG)
LONDON, March 15, 2017 /PRNewswire/ --
As the leading provider of data erasure software for the enterprise market, Blancco is well positioned to exploit the growing requirement for secure data erasure. With major investment in sales and support complete and regulatory changes in its favour, Blancco is in a good position to drive adoption of its software via its direct sales and partner channels. The company's patented technology and numerous certifications create a strong barrier to entry.
(Logo: http://photos.prnewswire.com/prnh/20130417/608168 )
Blancco is a rare growth company that already generates high operating margins. Post the reaction to interim results, the stock trades in the middle of its UK-based peer group but below the median for its global cybersecurity software peer group, despite earnings growth forecasts at the top end of the range. Evidence that the wider market accepts the need for secure data erasure should provide support to our growth forecasts and position the company for a multi-year growth phase.
Click here to view the full report.
All reports published by Edison are available to download free of charge from its website
About Edison: Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world-renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisers and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
Edison is authorised and regulated by the Financial Conduct Authority.
Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.
Contact details: Learn more at http://www.edisongroup.com and connect with Edison on:
For more information please contact:
Katherine Thompson, Edison Investment Research, +44(0)20-3077-5730
Bridie Barrett, Edison Investment Research, +44(0)20-3077-5700
[ Back To TMCnet.com's Homepage ]