Bank of Georgia Holdings PLC Receives Consensus Recommendation of “Buy” from Analysts (LON:BGEO)
Bank of Georgia Holdings PLC (LON:BGEO) has received a consensus rating of “Buy” from the seven analysts that are covering the company, AnalystRatingsNetwork.com reports. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 2,734.67 ($45.71).
Bank of Georgia Holdings PLC (LON:BGEO) traded down 0.72% on Friday, hitting GBX 2482.00. The stock had a trading volume of 58,619 shares. Bank of Georgia Holdings PLC has a 52-week low of GBX 1679.0001 and a 52-week high of GBX 2795.6921. The stock has a 50-day moving average of GBX 2485. and a 200-day moving average of GBX 2445.. The company’s market cap is £855.5 million.
A number of research firms have recently commented on BGEO. Analysts at Peel Hunt raised their price target on shares of Bank of Georgia Holdings PLC from GBX 2,416 ($40.39) to GBX 2,600 ($43.46) in a research note on Friday. They now have a “hold” rating on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Bank of Georgia Holdings PLC in a research note on Friday. They now have a GBX 2,700 ($45.14) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Bank of Georgia Holdings PLC in a research note on Friday.
Bank of Georgia Holdings plc (LON:BGEO) is a holding company for JSC Bank of Georgia (the Bank).
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