Lion Finance Group (LON:BGEO) Now Covered by JPMorgan Chase & Co.

JPMorgan Chase & Co. began coverage on shares of Lion Finance Group (LON:BGEO) in a report released on Tuesday, Marketbeat reports. The firm issued an overweight rating and a GBX 9,200 target price on the stock.

Lion Finance Group Stock Performance

Shares of BGEO stock opened at 7,710.00 on Tuesday. Lion Finance Group has a 52-week low of 3,605.00 and a 52-week high of 8,100.00. The firm has a market capitalization of $336.82 billion, a PE ratio of 166.25, a PEG ratio of 0.88 and a beta of 1.05. The stock has a fifty day simple moving average of 7,575.39 and a two-hundred day simple moving average of 6,782.45.

Lion Finance Group (LON:BGEO) last issued its quarterly earnings results on Wednesday, August 20th. The company reported 317.91 earnings per share (EPS) for the quarter. Lion Finance Group had a return on equity of 38.89% and a net margin of 73.73%. On average, sell-side analysts forecast that Lion Finance Group will post 1221.6828479 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Karine Hirn bought 1,350 shares of Lion Finance Group stock in a transaction dated Thursday, August 21st. The shares were acquired at an average cost of 7,500.00 per share, with a total value of 10,125,000.00. Also, insider Andrew McIntyre bought 297 shares of Lion Finance Group stock in a transaction dated Friday, August 22nd. The shares were bought at an average cost of 7,515.00 per share, for a total transaction of 2,231,955.00. Company insiders own 8.67% of the company’s stock.

About Lion Finance Group

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 250 holding company whose main subsidiaries provide banking and financial services focused in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks – Bank of Georgia in Georgia and Ameriabank in Armenia.