Bank of Georgia Holdings PLC Receives Hold Rating from Numis Securities Ltd (BGEO)
Bank of Georgia Holdings PLC (LON:BGEO)‘s stock had its “hold” rating reiterated by investment analysts at Numis Securities Ltd in a note issued to investors on Friday. They currently have a GBX 2,708 ($45.27) price target on the stock. Numis Securities Ltd’s price target points to a potential upside of 8.32% from the company’s current price.
Shares of Bank of Georgia Holdings PLC (LON:BGEO) opened at 2496.00 on Friday. 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 £860.4 million.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Bank of Georgia Holdings PLC in a research note on Monday, July 21st. They now have a GBX 2,400 ($40.12) price target on the stock. Analysts at Westhouse Securities reiterated a “buy” rating on shares of Bank of Georgia Holdings PLC in a research note on Friday, June 20th. They now have a GBX 3,000 ($50.15) price target on the stock. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Bank of Georgia Holdings PLC presently has an average rating of “Buy” and an average price target of GBX 2,734.67 ($45.71).
Bank of Georgia Holdings plc (LON:BGEO) is a holding company for JSC Bank of Georgia (the Bank).
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