Baltic Classifieds Group (LON:BCG) Stock Price Down 1.9% – Here’s What Happened

Baltic Classifieds Group PLC (LON:BCGGet Free Report)’s share price traded down 1.9% during trading on Thursday . The company traded as low as GBX 284.50 and last traded at GBX 287.50. 27,092,012 shares were traded during trading, an increase of 1,383% from the average session volume of 1,826,403 shares. The stock had previously closed at GBX 293.

Analyst Upgrades and Downgrades

BCG has been the topic of several research analyst reports. Berenberg Bank dropped their price objective on Baltic Classifieds Group from GBX 395 to GBX 360 and set a “buy” rating on the stock in a research note on Wednesday, September 24th. Deutsche Bank Aktiengesellschaft raised Baltic Classifieds Group to a “buy” rating and boosted their target price for the stock from GBX 366 to GBX 373 in a report on Thursday, September 25th. Finally, JPMorgan Chase & Co. dropped their price target on Baltic Classifieds Group from GBX 413 to GBX 400 and set an “overweight” rating on the stock in a research note on Wednesday, October 15th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Baltic Classifieds Group presently has an average rating of “Moderate Buy” and a consensus price target of GBX 370.75.

Read Our Latest Stock Report on Baltic Classifieds Group

Baltic Classifieds Group Price Performance

The company has a current ratio of 2.05, a quick ratio of 2.36 and a debt-to-equity ratio of 13.70. The company has a 50 day moving average of GBX 308.51 and a 200-day moving average of GBX 337.70. The firm has a market capitalization of £1.26 billion, a P/E ratio of 28.33, a P/E/G ratio of 1.62 and a beta of 1.43.

Baltic Classifieds Group Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Baltic Classifieds Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baltic Classifieds Group and related companies with MarketBeat.com's FREE daily email newsletter.