Lion Finance Group (LON:BGEO) Hits New 1-Year High – What’s Next?

Lion Finance Group PLC (LON:BGEO) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GEL 13,630.00 and last traded at GEL 13,610.00, with a volume of 171560 shares changing hands. The stock had previously closed at GEL 13,540.00.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. raised their price objective on shares of Lion Finance Group from £139 to £141 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Lion Finance Group currently has a consensus rating of “Buy”.

Lion Finance Group Trading Up 0.4%

The company has a market cap of $585.54 billion, a P/E ratio of 2.64, a PEG ratio of 0.88 and a beta of 0.76. The stock’s 50-day moving average price is GEL 12,167.91 and its 200-day moving average price is GEL 11,174.80.

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

About Lion Finance Group

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.