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Equities researchers at Peel Hunt boosted their price target on shares of Bank of Georgia Holdings PLC (LON:BGEO) from GBX 2,416 ($40.39) to GBX 2,600 ($43.46) in a research report issued on Friday. The firm currently has a “hold” rating on the stock. Peel Hunt’s price objective points to a potential upside of 4.00% from the company’s current price.

A number of other firms have also recently commented on BGEO. 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. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Bank of Georgia Holdings PLC in a research note on Friday. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Bank of Georgia Holdings PLC in a research note on Friday. 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 stock. Bank of Georgia Holdings PLC has a consensus rating of “Buy” and an average target price of GBX 2,734.67 ($45.71).

Shares of Bank of Georgia Holdings PLC (LON:BGEO) opened at 2499.00 on Friday. Bank of Georgia Holdings PLC has a one year low of GBX 1679.0001 and a one year high of GBX 2795.6921. The stock’s 50-day moving average is GBX 2485. and its 200-day moving average is GBX 2445.. The company’s market cap is £861.4 million.

Bank of Georgia Holdings plc (LON:BGEO) is a holding company for JSC Bank of Georgia (the Bank).

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