Bank of Georgia Holdings PLC (LON:BGEO): Peel Hunt Reiterates “Hold” Rating Today, Has a Target of GBX 2600.00/Share

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Bank of Georgia Holdings PLC (LON:BGEO) Rating Reaffirmed

Peel Hunt now has a GBX 2600.00 price target on shares of Bank of Georgia Holdings PLC (LON:BGEO). The price target may imply a potential upside of 35.63% from the last price of Bank of Georgia Holdings PLC (LON:BGEO). This rating was revealed to clients and investors in a recent research report on Monday, 7 December.

From a total of 11 analysts covering Bank of Georgia Holdings PLC (LON:BGEO) stock, 6 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 60% of the ratings are positive. The highest target price is GBX 94.87 while the lowest target price is GBX 66.47. The mean of all analyst targets is GBX 82.52 with a 22.79% above today’s (GBX 1917) stock price. Bank of Georgia Holdings PLC was the topic of 9 analyst reports since August 20, 2015 according to the firm StockzIntelligence Inc. Peel Hunt maintained shares on December 7 with “Hold” rating. Panmure Gordon maintained BGEO stock in a recent report from November 9 with “Buy” rating. Finally, Citigroup maintained the stock with “Buy” rating in a report issued on an October 9.

The stock closed the day at GBX 1917 during the previous session. It is down 5.10% since May 8, 2015 and is uptrending. It has outperformed by 6.18% the S&P500.

Bank of Georgia Holdings PLC (LON:BGEO): Peel Hunt Reiterates

Bank of Georgia Holdings PLC is a United Kingdom holding firm of JSC Bank of Georgia. The company has a market cap of 757.22 million GBP. The Bank’s banking business includes three divisions, such as Retail Banking, Corporate Banking and Investment Management. It has 9.16 P/E ratio. The Company’s other banking business includes P&C Insurance, leasing, payment services and Banking activities in Belarus (BNB).

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