Bank of Georgia Group (LON:BGEO) Hits New 1-Year High at $5,430.00

Bank of Georgia Group PLC (LON:BGEO) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 5,430 ($68.21) and last traded at GBX 5,380 ($67.58), with a volume of 111547 shares. The stock had previously closed at GBX 5,357.83 ($67.30).

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 5,900 ($74.11) price target on shares of Bank of Georgia Group in a research note on Tuesday, February 20th.

Bank of Georgia Group Trading Down 0.6 %

The company has a market cap of £2.45 billion, a price-to-earnings ratio of 602.89, a P/E/G ratio of 0.88 and a beta of 1.10. The stock’s 50-day moving average is GBX 4,981.01 and its 200-day moving average is GBX 4,117.49.

About Bank of Georgia Group

Bank of Georgia Group PLC, through its subsidiaries, provides various banking products and services in Georgia. It operates through three segments: Retail Banking, Corporate and Investment Banking, and BNB. 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, MSME, and SOLO brands.