Baltic Classifieds Group (LON:BCG) Insider Buys £2,371.33 in Stock

Baltic Classifieds Group PLC (LON:BCG) insider Justinas Šimkus bought 237,133 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was bought at an average price of GBX 1 per share, with a total value of £2,371.33.

Baltic Classifieds Group Trading Down 6.3%

LON BCG opened at GBX 197.50 on Friday. The stock’s 50-day simple moving average is GBX 188.90 and its two-hundred day simple moving average is GBX 189.99. Baltic Classifieds Group PLC has a twelve month low of GBX 168 and a twelve month high of GBX 361.50. The company has a quick ratio of 2.36, a current ratio of 1.70 and a debt-to-equity ratio of 24.77. The company has a market capitalization of £844.61 million, a price-to-earnings ratio of 18.46, a PEG ratio of 1.62 and a beta of 1.06.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on BCG. Jefferies Financial Group reiterated a “hold” rating and set a GBX 200 price objective on shares of Baltic Classifieds Group in a research report on Thursday, July 2nd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 270 target price on shares of Baltic Classifieds Group in a research note on Friday, July 3rd. Finally, JPMorgan Chase & Co. increased their price target on shares of Baltic Classifieds Group from GBX 158 to GBX 183 and gave the company an “underweight” rating in a research report on Monday. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Baltic Classifieds Group presently has an average rating of “Hold” and a consensus price target of GBX 256.50.

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. The portals are accessible through the websites of the Group’s various brands via desktop and mobile.