TBC Bank Group (LON:TBCG) Rating Reiterated by Peel Hunt

Peel Hunt reissued their buy rating on shares of TBC Bank Group (LON:TBCG) in a research report report published on Thursday, Digital Look reports. The firm currently has a GBX 2,015 ($26.33) price target on the stock.

Separately, Berenberg Bank increased their target price on shares of TBC Bank Group from GBX 1,915 ($25.02) to GBX 2,025 ($26.46) and gave the company a buy rating in a report on Wednesday, June 5th.

Shares of TBCG stock opened at GBX 1,300 ($16.99) on Thursday. The firm has a 50-day moving average of GBX 1,443.92 and a 200-day moving average of GBX 1,534.56. TBC Bank Group has a one year low of GBX 1,204 ($15.73) and a one year high of GBX 1,766 ($23.08).

About TBC Bank Group

TBC Bank Group PLC, through its subsidiaries, provides banking, leasing, brokerage, and card processing services to corporate and individual customers in Georgia. The company operates through Retail; Corporate; and Micro, Small and Medium Enterprises segments. It offers various current/settlement accounts, and term deposits; mortgage, consumer, retail, and corporate loans, as well as loans for micro, small, and medium enterprises; credit cards, credit lines, letters of credit, and guarantees; and money transfer and currency exchange services.

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