Baltic Classifieds Group (LON:BCG) Insider Acquires £400,186.80 in Stock

Baltic Classifieds Group PLC (LON:BCG) insider Edmund Williams purchased 222,326 shares of the stock in a transaction dated Friday, December 5th. The shares were acquired at an average price of GBX 180 per share, for a total transaction of £400,186.80.

Baltic Classifieds Group Stock Up 3.3%

Shares of LON BCG traded up GBX 5.97 during mid-day trading on Monday, reaching GBX 186. The company had a trading volume of 14,124,489 shares, compared to its average volume of 2,568,094. The company has a debt-to-equity ratio of 13.70, a quick ratio of 2.36 and a current ratio of 2.05. Baltic Classifieds Group PLC has a twelve month low of GBX 168 and a twelve month high of GBX 403. The stock’s 50 day moving average is GBX 270.61 and its 200-day moving average is GBX 320.58. The stock has a market capitalization of £891.80 million, a PE ratio of 20.00, a price-to-earnings-growth ratio of 1.62 and a beta of 1.43.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Berenberg Bank lowered their target price on shares of Baltic Classifieds Group from GBX 360 to GBX 335 and set a “buy” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. boosted their price objective on Baltic Classifieds Group from GBX 194 to GBX 208 and gave the stock an “underweight” rating in a research report on Wednesday, December 3rd. Finally, Deutsche Bank Aktiengesellschaft raised Baltic Classifieds Group to a “buy” rating and lifted their price target for the stock from GBX 366 to GBX 373 in a research report on Thursday, September 25th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Baltic Classifieds Group currently has an average rating of “Hold” and a consensus price target of GBX 316.50.

About Baltic Classifieds Group

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.