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Bank of Georgia Holdings PLC (LON:BGEO)‘s stock had its “buy” rating reaffirmed by research analysts at Panmure Gordon in a report released on Friday. They currently have a GBX 3,000 ($50.15) target price on the stock. Panmure Gordon’s target price points to a potential upside of 20.00% from the stock’s previous close.

Bank of Georgia Holdings PLC (LON:BGEO) opened at 2496.00 on Friday. Bank of Georgia Holdings PLC has a 1-year low of GBX 1679.0001 and a 1-year 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.

A number of other analysts have also recently weighed in on BGEO. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Bank of Georgia Holdings PLC in a research note on Friday. They now have a GBX 2,708 ($45.27) price target on the stock. Separately, 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. Finally, 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 investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock 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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