Bank of Georgia Group (LON:BGEO) Hits New 1-Year High at $5,320.00

Shares of Bank of Georgia Group PLC (LON:BGEO) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 5,320 ($65.71) and last traded at GBX 5,290 ($65.34), with a volume of 36542 shares trading hands. The stock had previously closed at GBX 5,160 ($63.74).

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 5,900 ($72.88) price target on shares of Bank of Georgia Group in a report on Tuesday, February 20th.

Bank of Georgia Group Price Performance

The stock’s fifty day moving average price is GBX 4,886.61 and its 200-day moving average price is GBX 4,060.70. The firm has a market cap of £2.42 billion, a price-to-earnings ratio of 500.47, a price-to-earnings-growth ratio of 0.88 and a beta of 1.09.

Bank of Georgia Group Company Profile

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.