Bank of Georgia Group’s (BGEO) Add Rating Reiterated at Peel Hunt

Peel Hunt reiterated their add rating on shares of Bank of Georgia Group (LON:BGEO) in a research report sent to investors on Thursday, LSE.Co.UK reports. They currently have a GBX 1,900 ($24.83) target price on the stock.

Separately, Peel Hunt reiterated an add rating and set a GBX 1,900 ($24.83) target price on shares of Bank of Georgia Group in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Bank of Georgia Group has an average rating of Hold and a consensus target price of GBX 2,400.20 ($31.36).

BGEO stock traded down GBX 17 ($0.22) during trading on Thursday, hitting GBX 1,455 ($19.01). 146,042 shares of the company’s stock traded hands, compared to its average volume of 104,393. Bank of Georgia Group has a 52 week low of GBX 1,220 ($15.94) and a 52 week high of GBX 1,777 ($23.22). The stock has a fifty day moving average price of GBX 1,319.12 and a two-hundred day moving average price of GBX 1,492.73.

In other news, insider Archil Gachechiladze purchased 2,000 shares of the stock in a transaction dated Friday, November 8th. The stock was acquired at an average price of GBX 1,477 ($19.30) per share, for a total transaction of £29,540 ($38,599.24).

Bank of Georgia Group Company Profile

Bank of Georgia Group PLC, through its subsidiaries, provides various banking products and services in Georgia. It operates through Retail Banking, Corporate Investment Banking, BNB, and Other Banking Business segments. The Retail Banking segment offers consumer loans, mortgage loans, overdrafts, credit cards, and other credit facilities; funds transfer and settlement services; and customers' deposits for individuals and legal entities under the Express, Bank of Georgia, and SOLO brands.

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Analyst Recommendations for Bank of Georgia Group (LON:BGEO)

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