Bgeo Group (LON:BGEO) had its price target increased by analysts at Jefferies Group from GBX 370 ($4.95) to GBX 400 ($5.35) in a report released on Monday, December 4th, StockTargetPrices.com reports. The firm presently has a “buy” rating on the stock. Jefferies Group’s target price points to a potential downside of 88.75% from the company’s current price.
A number of other equities analysts have also recently issued reports on BGEO. Peel Hunt restated an “add” rating and set a GBX 4,000 ($53.48) price objective on shares of Bgeo Group in a report on Thursday, November 9th. Numis Securities reiterated a “hold” rating and issued a GBX 3,584 ($47.92) target price on shares of Bgeo Group in a report on Tuesday, August 15th. Finally, Berenberg Bank initiated coverage on Bgeo Group in a report on Tuesday, August 22nd. They issued a “buy” rating and a GBX 504 ($6.74) target price for the company. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Bgeo Group has an average rating of “Buy” and an average price target of GBX 1,759.80 ($23.53).
Bgeo Group (BGEO) traded up GBX 13 ($0.17) during trading hours on Monday, reaching GBX 3,557 ($47.56). The company’s stock had a trading volume of 6,010 shares, compared to its average volume of 53,461. Bgeo Group has a 1-year low of GBX 2,724 ($36.42) and a 1-year high of GBX 3,781 ($50.55). The company has a market cap of $1,380.00 and a P/E ratio of 1,209.86.
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Bgeo Group Company Profile
BGEO Group PLC, formerly Bank of Georgia Holdings PLC, is a holding company of JSC Bank of Georgia. The Company operates through the segments, which include Banking Business and Investment Business. Its Banking business segment includes Retail Banking (RB), Corporate Banking (CB), Investment Management (IM), and other banking businesses, such as Property & Casualty (P&C) Insurance, Leasing, Payment Services and Banking operations in Belarus (BNB).
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