Peel Hunt reaffirmed their add rating on shares of Bank of Georgia Group (LON:BGEO) in a research note issued to investors on Thursday, Digital Look reports. Peel Hunt currently has a GBX 1,900 ($24.83) price objective on the stock.
Shares of Bank of Georgia Group stock traded down GBX 10 ($0.13) during trading on Thursday, hitting GBX 1,445 ($18.88). The stock had a trading volume of 79,148 shares, compared to its average volume of 104,393. The stock has a 50 day simple moving average of GBX 1,319.12 and a 200 day simple moving average of 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 related news, insider Archil Gachechiladze purchased 2,000 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The stock was acquired at an average cost 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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