Bank of Georgia Group’s (BGEO) “Add” Rating Reiterated at Peel Hunt

Peel Hunt reiterated their add rating on shares of Bank of Georgia Group (LON:BGEO) in a research report sent to investors on Wednesday morning, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also issued reports about the stock. Peel Hunt reaffirmed an add rating and set a GBX 1,900 ($24.83) price target on shares of Bank of Georgia Group in a report on Wednesday, June 26th. Numis Securities raised their price target on shares of Bank of Georgia Group from GBX 2,216 ($28.96) to GBX 2,356 ($30.79) and gave the company a buy rating in a report on Tuesday, May 14th. Finally, Berenberg Bank lowered their price target on shares of Bank of Georgia Group from GBX 2,180 ($28.49) to GBX 1,845 ($24.11) and set a hold rating for the company in a report on Tuesday, June 4th. Three 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 target price of GBX 2,400.20 ($31.36).

Shares of BGEO stock opened at GBX 1,328 ($17.35) on Wednesday. The company has a fifty day simple moving average of GBX 1,498.98. Bank of Georgia Group has a 52 week low of GBX 1,299.60 ($16.98) and a 52 week high of GBX 1,927 ($25.18).

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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