Baltic Classifieds Group (LON:BCG) Given New GBX 161 Price Target at JPMorgan Chase & Co.

Baltic Classifieds Group (LON:BCG) had its price target lowered by JPMorgan Chase & Co. from GBX 177 to GBX 161 in a research note published on Monday, MarketBeat reports. The brokerage currently has an underweight rating on the stock.

A number of other analysts have also weighed in on the stock. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 270 price objective on shares of Baltic Classifieds Group in a research note on Friday. Jefferies Financial Group restated a “hold” rating and issued a GBX 200 price target on shares of Baltic Classifieds Group in a report on Thursday, July 2nd. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of GBX 251.

Baltic Classifieds Group Price Performance

Shares of BCG stock opened at GBX 182.66 on Monday. Baltic Classifieds Group has a twelve month low of GBX 168 and a twelve month high of GBX 380. The stock has a market capitalization of £798.55 million, a price-to-earnings ratio of 17.07, a P/E/G ratio of 1.62 and a beta of 1.06. The stock has a fifty day simple moving average of GBX 189.28 and a two-hundred day simple moving average of GBX 191.59. The company has a current ratio of 1.70, a quick ratio of 2.36 and a debt-to-equity ratio of 24.77.

Insider Activity

In other Baltic Classifieds Group news, insider Edmund Williams purchased 51,724 shares of Baltic Classifieds Group stock in a transaction dated Monday, April 27th. The shares were acquired at an average cost of GBX 192 per share, with a total value of £99,310.08. Insiders own 5.55% of the company’s stock.

Baltic Classifieds Group Company Profile

Baltic Classifieds Group (BCG) is the leading online classifieds group in the Baltics, which owns and operates twelve leading vertical and generalist online classifieds portals in Estonia, Latvia and Lithuania. BCG’s online classifieds portfolio comprises four business lines – automotive, real estate, jobs & services and generalist. The portals are accessible through the websites of the Group’s various brands via desktop and mobile.