Bgeo Group PLC (BGEO) Given Consensus Rating of “Buy” by Brokerages
Shares of Bgeo Group PLC (LON:BGEO) have been assigned an average rating of “Buy” from the six analysts that are presently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 2,289.83 ($29.82).
A number of research analysts recently issued reports on the company. Investec lifted their price target on Bgeo Group PLC from GBX 395 ($5.14) to GBX 400 ($5.21) and gave the company a “buy” rating in a report on Monday, May 8th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 3,584 ($46.67) price target on shares of Bgeo Group PLC in a report on Monday, July 3rd. Finally, Peel Hunt reaffirmed an “add” rating and issued a GBX 4,000 ($52.09) price target on shares of Bgeo Group PLC in a report on Wednesday, May 10th.
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Bgeo Group PLC (LON:BGEO) opened at 3609.00 on Tuesday. The firm’s 50-day moving average is GBX 3,531.30 and its 200 day moving average is GBX 3,353.45. The firm’s market cap is GBX 1.37 billion. Bgeo Group PLC has a 1-year low of GBX 2,643.44 and a 1-year high of GBX 3,781.00.
About Bgeo Group PLC
BGEO Group PLC, formerly Bank of Georgia Holdings PLC, is a holding company of JSC Bank of Georgia. The Company operates through the segments, which include Banking Business and Investment Business. Its Banking business segment includes Retail Banking (RB), Corporate Banking (CB), Investment Management (IM), and other banking businesses, such as Property & Casualty (P&C) Insurance, Leasing, Payment Services and Banking operations in Belarus (BNB).
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