Bank of Georgia Group (LON:BGEO) Receives Add Rating from Peel Hunt

Peel Hunt restated 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) price target on the stock.

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

BGEO traded down GBX 17 ($0.22) during midday trading on Thursday, reaching GBX 1,455 ($19.01). 146,042 shares of the company’s stock were exchanged, compared to its average volume of 104,393. The business’s 50-day moving average price is GBX 1,319.12 and its 200 day moving average price is GBX 1,492.73. Bank of Georgia Group has a 1-year low of GBX 1,220 ($15.94) and a 1-year high of GBX 1,777 ($23.22).

In other Bank of Georgia Group news, insider Archil Gachechiladze bought 2,000 shares of the business’s stock in a transaction on Friday, November 8th. The stock was bought at an average price of GBX 1,477 ($19.30) per share, for a total transaction of £29,540 ($38,599.24).

About Bank of Georgia Group

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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