Reaffirmed: Bank of Georgia Holdings PLC (LON:BGEO) Buy Rating Has Been Reiterated by equity analysts Citigroup; GBX 2250.00 Target in Place

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

Recently, In an analyst research report shared with investors on Monday morning, Bank of Georgia Holdings PLC (LON:BGEO) shares have had their Buy Rating has restated by analysts at Citigroup, who currently has a GBX 2250.00 TP on firm. This target by Citigroup means the possibile upside of 14.80% from the current stock price.

From a total of 11 analysts covering Bank of Georgia Holdings PLC (LON:BGEO) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 95.37 while the lowest target price is GBX 66.54. The mean of all analyst targets is GBX 84.02 with a 20.09% above today’s (GBX 1960) 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 1960 during the previous session. It is down 1.08% since May 22, 2015 and is uptrending. It has outperformed by 6.89% the S&P500.

Reaffirmed: Bank of Georgia Holdings PLC (LON:BGEO) Buy Rating Has Been Reiterated by equity analysts Citigroup; GBX 2250.00 Target in Place

Bank of Georgia Holdings PLC is a United Kingdom holding firm of JSC Bank of Georgia. The company has a market cap of 774.21 million GBP. The Bank’s banking business includes three divisions, such as Retail Banking, Corporate Banking and Investment Management. It has 9.23 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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