Bgeo Group PLC (BGEO) Earns “Add” Rating from Peel Hunt

Peel Hunt reissued their add rating on shares of Bgeo Group PLC (LON:BGEO) in a research report report published on Wednesday, May 10th. They currently have a GBX 4,000 ($51.63) target price on the stock.

Other analysts have also recently issued reports about the company. Jefferies Group LLC reduced their price target on Bgeo Group PLC from GBX 435 ($5.62) to GBX 395 ($5.10) and set a buy rating on the stock in a report on Thursday, March 30th. Numis Securities Ltd cut Bgeo Group PLC to an add rating and set a GBX 3,657 ($47.21) target price on the stock. in a report on Monday, February 20th. Finally, Investec upped their target price on Bgeo Group PLC from GBX 395 ($5.10) to GBX 400 ($5.16) and gave the company a buy rating in a report on Monday, May 8th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of GBX 2,289.83 ($29.56).

Bgeo Group PLC (LON:BGEO) traded up 0.88% on Wednesday, reaching GBX 3684.00. 90,013 shares of the company’s stock were exchanged. The firm has a 50-day moving average of GBX 3,517.37 and a 200-day moving average of GBX 3,109.70. The firm’s market capitalization is GBX 1.40 billion. Bgeo Group PLC has a 12 month low of GBX 2,241.00 and a 12 month high of GBX 3,760.00.

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In related news, insider Neil Janin acquired 3,500 shares of the company’s stock in a transaction that occurred on Monday, March 20th. The shares were acquired at an average price of GBX 3,059 ($39.49) per share, with a total value of £107,065 ($138,201.88).

About Bgeo Group PLC

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).

12 Month Chart for LON:BGEO

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