Bgeo Group PLC (BGEO) Price Target Raised to GBX 400 at Investec

Bgeo Group PLC (LON:BGEO) had its price target raised by Investec from GBX 395 ($5.00) to GBX 400 ($5.06) in a research report report published on Monday, May 15th, reports. Investec currently has a buy rating on the stock.

Several other research analysts have also recently weighed in on BGEO. Peel Hunt reiterated an add rating and set a GBX 4,000 ($50.60) price objective on shares of Bgeo Group PLC in a research report on Wednesday, May 10th. Numis Securities Ltd lowered Bgeo Group PLC to an add rating and set a GBX 3,657 ($46.26) price target on the stock. in a research note on Monday, February 20th. Finally, Jefferies Group LLC cut their price target on Bgeo Group PLC from GBX 435 ($5.50) to GBX 395 ($5.00) and set a buy rating on the stock in a research note on Thursday, March 30th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Bgeo Group PLC has an average rating of Buy and a consensus target price of GBX 2,289.83 ($28.97).

Bgeo Group PLC (LON:BGEO) traded up 3.07% during mid-day trading on Monday, hitting GBX 3631.00. 198,711 shares of the company traded hands. The company’s 50-day moving average price is GBX 3,665.22 and its 200 day moving average price is GBX 3,215.45. Bgeo Group PLC has a one year low of GBX 2,241.00 and a one year high of GBX 3,781.00. The company’s market capitalization is GBX 1.38 billion.

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In other Bgeo Group PLC news, insider Neil Janin bought 3,500 shares of the stock in a transaction on Monday, March 20th. The stock was acquired at an average cost of GBX 3,059 ($38.70) per share, for a total transaction of £107,065 ($135,439.60).

Bgeo Group 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).

Stock Target Prices

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