Bank of Georgia Holdings PLC (LON:BGEO)‘s stock had its “buy” rating restated by Jefferies Group in a note issued to investors on Tuesday. They currently have a GBX 4,000 ($49.98) price objective on the stock. Jefferies Group’s price objective suggests a potential upside of 42.91% from the company’s previous close.

Several other research analysts have also recently weighed in on the stock. Numis Securities Ltd restated a “buy” rating and set a GBX 355 ($4.44) price target on shares of Bank of Georgia Holdings PLC in a report on Monday, October 10th. Investec started coverage on shares of Bank of Georgia Holdings PLC in a research note on Wednesday, October 5th. They issued a “buy” rating and a GBX 361 ($4.51) target price on the stock. Panmure Gordon reiterated a “buy” rating and issued a GBX 2,400 ($29.99) target price on shares of Bank of Georgia Holdings PLC in a research note on Thursday, August 25th. Berenberg Bank reiterated a “neutral” rating and issued a GBX 2,960 ($36.98) target price on shares of Bank of Georgia Holdings PLC in a research note on Thursday, August 18th. Finally, Peel Hunt cut shares of Bank of Georgia Holdings PLC to a “hold” rating and set a GBX 2,600 ($32.48) target price on the stock. in a research note on Tuesday, August 16th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Bank of Georgia Holdings PLC currently has an average rating of “Buy” and a consensus target price of GBX 2,132.29 ($26.64).

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

Shares of Bank of Georgia Holdings PLC (LON:BGEO) opened at 2799.00 on Tuesday. The company’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 1.07 billion. Bank of Georgia Holdings PLC has a 52-week low of GBX 1,538.00 and a 52-week high of GBX 3,191.00.

In other news, insider Kikoria,Murtaz sold 12,800 shares of the business’s stock in a transaction that occurred on 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).

Bank of Georgia Holdings PLC Company Profile

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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