Lion Finance Group (LON:BGEO) Price Target Raised to £167

Lion Finance Group (LON:BGEO) had its target price lifted by equities researchers at JPMorgan Chase & Co. from £141 to £167 in a report released on Friday, London Stock Exchange reports. The firm presently has an “overweight” rating on the stock.

Lion Finance Group Trading Up 2.2%

BGEO opened at GEL 14,120.00 on Friday. Lion Finance Group has a 12 month low of GEL 7,305.00 and a 12 month high of GEL 14,230.00. The company has a market cap of $608.01 billion, a PE ratio of 2.61, a price-to-earnings-growth ratio of 0.88 and a beta of 0.77. The company has a 50 day moving average of GEL 12,603.73 and a 200 day moving average of GEL 11,389.63.

Lion Finance Group (LON:BGEO) last issued its earnings results on Tuesday, August 11th. The company reported GEL 778.58 earnings per share (EPS) for the quarter. Lion Finance Group had a net margin of 35.77% and a return on equity of 27.08%. Research analysts forecast that Lion Finance Group will post 1221.6828479 earnings per share for the current fiscal year.

Lion Finance Group Company Profile

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 100 holding company whose main subsidiaries provide banking and financial services in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks – Bank of Georgia in Georgia and Ameriabank in Armenia. By building on our competitive strengths, we are committed to driving business growth, sustaining high profitability, and generating strong returns, while creating opportunities for our stakeholders and making a positive contribution in the communities where we operate.