Bank of Georgia Holdings PLC (LON:BGEO)‘s stock had its “hold” rating reiterated by equities researchers at Numis Securities Ltd in a research report issued on Tuesday. They presently have a GBX 2,921 ($36.49) target price on the stock. Numis Securities Ltd’s price objective points to a potential upside of 4.36% from the company’s previous close.

A number of other research firms also recently weighed in on BGEO. Investec assumed coverage on shares of Bank of Georgia Holdings PLC in a research report on Wednesday, October 5th. They issued a “buy” rating and a GBX 361 ($4.51) target price for the company. Peel Hunt downgraded shares of Bank of Georgia Holdings PLC to a “hold” rating and set a GBX 2,600 ($32.48) target price for the company. in a research report on Tuesday, August 16th. Jefferies Group reaffirmed a “buy” rating and issued a GBX 395 ($4.94) target price on shares of Bank of Georgia Holdings PLC in a research report on Monday, August 15th. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 2,400 ($29.99) target price on shares of Bank of Georgia Holdings PLC in a research report on Thursday, August 25th. Finally, Berenberg Bank reaffirmed a “neutral” rating and issued a GBX 2,960 ($36.98) target price on shares of Bank of Georgia Holdings PLC in a research report on Thursday, August 18th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Bank of Georgia Holdings PLC presently has a consensus rating of “Buy” and an average target price of GBX 2,498.86 ($31.22).

Analyst Recommendations for Bank of Georgia Holdings PLC (LON:BGEO)

Bank of Georgia Holdings PLC (LON:BGEO) opened at 3125.00 on Tuesday. The stock’s 50 day moving average is GBX 2,952.69 and its 200-day moving average is GBX 2,748.71. The firm’s market cap is GBX 1.20 billion. Bank of Georgia Holdings PLC has a 12 month low of GBX 1,538.00 and a 12 month high of GBX 3,191.00.

In other news, insider Kikoria,Murtaz sold 12,800 shares of Bank of Georgia Holdings PLC stock in a transaction dated Wednesday, August 24th. The shares were sold at an average price of GBX 2,793 ($34.90), for a total value of £357,504 ($446,656.67).

About Bank of Georgia Holdings 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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