Baltic Classifieds Group (LON:BCG) Trading 0.2% Higher – What’s Next?

Baltic Classifieds Group PLC (LON:BCG)’s share price was up 0.2% on Friday . The stock traded as high as GBX 208 and last traded at GBX 203.50. Approximately 76,152,914 shares changed hands during trading, an increase of 1,999% from the average daily volume of 3,628,142 shares. The stock had previously closed at GBX 203.

Analyst Upgrades and Downgrades

BCG has been the subject of several recent research reports. Berenberg Bank cut their price target on Baltic Classifieds Group from GBX 360 to GBX 335 and set a “buy” rating for the company in a report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft upgraded Baltic Classifieds Group to a “buy” rating and upped their target price for the company from GBX 366 to GBX 373 in a report on Thursday, September 25th. Finally, JPMorgan Chase & Co. lifted their price target on Baltic Classifieds Group from GBX 194 to GBX 208 and gave the stock an “underweight” rating in a report on Wednesday, December 3rd. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 316.50.

Baltic Classifieds Group Trading Up 0.2%

The stock has a market cap of £975.71 million, a PE ratio of 21.88, a price-to-earnings-growth ratio of 1.62 and a beta of 1.43. The company’s 50-day moving average price is GBX 228.72 and its 200 day moving average price is GBX 298.33. The company has a debt-to-equity ratio of 13.70, a quick ratio of 2.36 and a current ratio of 2.05.

Insider Buying and Selling

In other Baltic Classifieds Group news, insider Edmund Williams purchased 52,891 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were acquired at an average price of GBX 189 per share, with a total value of £99,963.99. Insiders acquired a total of 433,421 shares of company stock valued at $79,915,635 in the last quarter. 4.90% of the stock is owned by insiders.

Baltic Classifieds Group Company Profile

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. The portals are accessible through the websites of the Group’s various brands via desktop and mobile.