Bank of Georgia Holdings PLC Receives Average Recommendation of “Buy” from Brokerages (LON:BGEO)
Shares of Bank of Georgia Holdings PLC (LON:BGEO) have earned an average rating of “Buy” from the seven analysts that are presently covering the company, Analyst RN reports. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 2,734.67 ($45.25).
Bank of Georgia Holdings PLC (LON:BGEO) opened at 2500.00 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 2492.41 and its 200-day moving average is GBX 2450.. The company’s market cap is £861.8 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 ($39.98) to GBX 2,600 ($43.02) 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 ($44.68) 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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