The Bank of Georgia Holdings PLC (BGEO) Now Covered by Analysts at Investec

The Bank of Georgia Holdings PLC (BGEO) Now Covered by Analysts at Investec

Stock analysts at Investec assumed coverage on shares of Bank of Georgia Holdings PLC (LON:BGEO) in a research note issued to investors on Wednesday, StockTargetPrices.com reports. The firm set a “buy” rating and a GBX 361 ($4.71) price target on the stock. Investec’s price target indicates a potential downside of 88.14% from the stock’s current price.

BGEO has been the topic of a number of other research reports. Jefferies Group increased their target price on Bank of Georgia Holdings PLC from GBX 2,619 ($34.19) to GBX 4,000 ($52.21) and gave the stock a “buy” rating in a research note on Monday, August 22nd. Panmure Gordon restated a “buy” rating and set a GBX 2,400 ($31.33) price target on shares of Bank of Georgia Holdings PLC in a research note on Thursday, August 25th. Numis Securities Ltd restated a “hold” rating and set a GBX 2,841 ($37.08) price target on shares of Bank of Georgia Holdings PLC in a research note on Tuesday, August 16th. Berenberg Bank restated a “neutral” rating and set a GBX 2,960 ($38.64) price target on shares of Bank of Georgia Holdings PLC in a research note on Thursday, August 18th. Finally, Peel Hunt lowered Bank of Georgia Holdings PLC to a “hold” rating and set a GBX 2,600 ($33.94) price target on the stock. in a research note on Tuesday, August 16th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 2,487.43 ($32.47).

Bank of Georgia Holdings PLC (LON:BGEO) traded up 0.56% during trading on Wednesday, reaching GBX 3043.00. 48,314 shares of the company’s stock traded hands. The firm’s market cap is GBX 1.17 billion. The company has a 50 day moving average of GBX 2,920.42 and a 200 day moving average of GBX 2,559.14. Bank of Georgia Holdings PLC has a one year low of GBX 1,538.00 and a one year high of GBX 3,191.00.

10/08/bank-of-georgia-holdings-plc-bgeo-now-covered-by-analysts-at-investec.html

In other Bank of Georgia Holdings PLC news, insider Kikoria,Murtaz sold 12,800 shares of Bank of Georgia Holdings PLC stock in a transaction dated Wednesday, August 24th. The stock was sold at an average price of GBX 2,793 ($36.46), for a total value of £357,504 ($466,654.48).

Bank of Georgia Holdings PLC Company Profile

Related posts

Leave a Comment