Shares of Bank of Georgia Holdings PLC (LON:BGEO) have earned a consensus recommendation of “Buy” from the seven research firms that are currently covering the company. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 2,065.17 ($25.62).

A number of equities research analysts recently issued reports on the company. Numis Securities Ltd downgraded Bank of Georgia Holdings PLC to an “add” rating and set a GBX 420 ($5.21) price objective on the stock. in a research report on Wednesday, November 23rd. Peel Hunt upgraded Bank of Georgia Holdings PLC to an “add” rating in a research report on Tuesday, November 22nd. Jefferies Group reiterated a “buy” rating and issued a GBX 4,000 ($49.62) price objective on shares of Bank of Georgia Holdings PLC in a research report on Tuesday, November 22nd. Investec assumed coverage on Bank of Georgia Holdings PLC in a research report on Wednesday, October 5th. They issued a “buy” rating and a GBX 361 ($4.48) price objective on the stock. Finally, Panmure Gordon reiterated a “buy” rating and issued a GBX 2,400 ($29.77) price objective on shares of Bank of Georgia Holdings PLC in a research report on Thursday, August 25th.

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In related news, insider Irakli Gilauri sold 29,916 shares of the stock in a transaction on Monday, November 28th. The stock was sold at an average price of GBX 3,051 ($37.85), for a total value of £912,737.16 ($1,132,287.76).

Bank of Georgia Holdings PLC (LON:BGEO) opened at 3001.00 on Friday. The firm’s 50-day moving average price is GBX 2,959.50 and its 200 day moving average price is GBX 2,775.61. The firm’s market capitalization is GBX 1185.40 billion. Bank of Georgia Holdings PLC has a one year low of GBX 1,538.00 and a one year high of GBX 3,191.00.

About Bank of Georgia Holdings PLC

BGEO Group PLC, formerly Bank of Georgia Holdings PLC, is a holding company of JSC Bank of Georgia. The Company operates through the segments, which include Banking Business and Investment Business. Its Banking business segment includes Retail Banking (RB), Corporate Banking (CB), Investment Management (IM), and other banking businesses, such as Property & Casualty (P&C) Insurance, Leasing, Payment Services and Banking operations in Belarus (BNB).

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