TBC Bank Group PLC (LON:TBCG)’s share price hit a new 52-week low on Thursday . The company traded as low as GBX 1,388 ($18.14) and last traded at GBX 1,428 ($18.66), with a volume of 17473 shares traded. The stock had previously closed at GBX 1,460 ($19.08).

Separately, Peel Hunt boosted their price target on TBC Bank Group from GBX 2,150 ($28.09) to GBX 2,285 ($29.86) and gave the stock a “buy” rating in a research report on Tuesday, August 21st.

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About TBC Bank Group (LON:TBCG)

TBC Bank Group PLC, through its subsidiaries, provides banking, leasing, brokerage, and card processing services to corporate and individual customers in Georgia. The company operates through Retail; Corporate; and Micro, Small and Medium Enterprises segments. It offers various current/settlement accounts, and term deposits; mortgage, consumer, retail, and corporate loans, as well as loans for micro, small, and medium enterprises; credit cards, credit lines, letters of credit, and guarantees; and money transfer and currency exchange services.

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