Today: Today, Numis Securities Ltd lowers the Stock rating of Bank of Georgia Holdings PLC (BGEO)

Today, Numis Securities Ltd lowers the Stock rating of Bank of Georgia Holdings PLC (BGEO)

Numis Securities Ltd lowered shares of Bank of Georgia Holdings PLC (LON:BGEO) to an add rating in a research note published on Wednesday, StockTargetPrices.com reports. They currently have GBX 420 ($5.21) price objective on the stock.

Other equities analysts have also recently issued research reports about the company. Peel Hunt raised Bank of Georgia Holdings PLC to an add rating in a report on Tuesday, November 22nd. Jefferies Group reaffirmed a buy rating and issued a GBX 4,000 ($49.62) target price on shares of Bank of Georgia Holdings PLC in a report on Tuesday, November 22nd. Investec initiated coverage on Bank of Georgia Holdings PLC in a report on Wednesday, October 5th. They issued a buy rating and a GBX 361 ($4.48) target price for the company. Panmure Gordon reaffirmed a buy rating and issued a GBX 2,400 ($29.77) target price on shares of Bank of Georgia Holdings PLC in a report on Thursday, August 25th. Finally, Berenberg Bank reaffirmed a neutral rating and issued a GBX 2,960 ($36.72) target price on shares of Bank of Georgia Holdings PLC in a report on Thursday, August 18th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of GBX 2,141.57 ($26.57).

Bank of Georgia Holdings PLC (LON:BGEO) opened at 2988.00 on Wednesday. The stock’s 50 day moving average price is GBX 2,959.50 and its 200 day moving average price is GBX 2,775.61. Bank of Georgia Holdings PLC has a 12-month low of GBX 1,538.00 and a 12-month high of GBX 3,191.00. The company’s market cap is GBX 1.14 billion.

About Bank of Georgia Holdings PLC

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