Baltic Classifieds Group (LON:BCG) Insider Purchases £400,186.80 in Stock

Baltic Classifieds Group PLC (LON:BCG) insider Edmund Williams purchased 222,326 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The stock was acquired at an average cost of GBX 180 per share, with a total value of £400,186.80.

Baltic Classifieds Group Price Performance

LON BCG traded up GBX 5.97 on Monday, hitting GBX 186. 14,124,489 shares of the company were exchanged, compared to its average volume of 2,568,094. Baltic Classifieds Group PLC has a 1-year low of GBX 168 and a 1-year high of GBX 403. The firm has a 50 day moving average of GBX 270.61 and a two-hundred day moving average of GBX 320.58. The company has a current ratio of 2.05, a quick ratio of 2.36 and a debt-to-equity ratio of 13.70. The company has a market cap of £891.80 million, a P/E ratio of 20.00, a P/E/G ratio of 1.62 and a beta of 1.43.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Baltic Classifieds Group from GBX 194 to GBX 208 and gave the stock an “underweight” rating in a research report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft raised Baltic Classifieds Group to a “buy” rating and upped their price target for the company from GBX 366 to GBX 373 in a research note on Thursday, September 25th. Finally, Berenberg Bank lowered their price objective on Baltic Classifieds Group from GBX 360 to GBX 335 and set a “buy” rating for the company in a research report on Thursday. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of GBX 316.50.

About Baltic Classifieds Group

Baltic Classifieds Group (BCG) is the leading online classifieds group in the Baltics, which owns and operates twelve leading vertical and generalist online classifieds portals in Estonia, Latvia and Lithuania. BCG’s online classifieds portfolio comprises four business lines – automotive, real estate, jobs & services and generalist.