Baltic Classifieds Group (LON:BCG) Given New GBX 183 Price Target at JPMorgan Chase & Co.

Baltic Classifieds Group (LON:BCG) had its target price upped by JPMorgan Chase & Co. from GBX 158 to GBX 183 in a research note issued to investors on Monday,London Stock Exchange reports. The firm presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential downside of 9.85% from the stock’s previous close.

Other research analysts have also recently issued research reports about the stock. Jefferies Financial Group restated a “hold” rating and issued a GBX 200 target price on shares of Baltic Classifieds Group in a research report on Thursday, July 2nd. Berenberg Bank reiterated a “buy” rating and set a GBX 270 price objective on shares of Baltic Classifieds Group in a research report on Friday, July 3rd. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of GBX 256.50.

Baltic Classifieds Group Trading Up 2.3%

Shares of LON:BCG opened at GBX 203 on Monday. The company has a market cap of £868.13 million, a PE ratio of 18.97, a P/E/G ratio of 1.62 and a beta of 1.06. The company’s 50-day moving average price is GBX 187.09 and its 200 day moving average price is GBX 189.76. Baltic Classifieds Group has a fifty-two week low of GBX 168 and a fifty-two week 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.

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.