Bank of Georgia Holdings PLC Stock Rating Reaffirmed by Panmure Gordon (BGEO)
Bank of Georgia Holdings PLC (LON:BGEO)‘s stock had its “buy” rating reiterated by equities researchers at Panmure Gordon in a research report issued on Friday. They currently have a GBX 3,000 ($49.78) price objective on the stock. Panmure Gordon’s price target points to a potential upside of 20.14% from the company’s current price.
Shares of Bank of Georgia Holdings PLC (LON:BGEO) opened at 2584.00 on Friday. Bank of Georgia Holdings PLC has a 52-week low of GBX 1740.00 and a 52-week high of GBX 2795.6921. The stock has a 50-day moving average of GBX 2496. and a 200-day moving average of GBX 2463.. The company’s market cap is £888.6 million.
A number of other firms have also recently commented on BGEO. Analysts at Peel Hunt raised their price target on shares of Bank of Georgia Holdings PLC from GBX 2,416 ($40.09) to GBX 2,600 ($43.15) in a research note on Friday, August 22nd. 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, August 22nd. They now have a GBX 2,700 ($44.81) 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, August 22nd. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 2,734.67 ($45.38).
Bank of Georgia Holdings plc (LON:BGEO) is a holding company for JSC Bank of Georgia (the Bank).
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