Bank of Georgia Group (LON:BGEO) Hits New 52-Week High at $5,430.00

Shares of Bank of Georgia Group PLC (LON:BGEO) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 5,430 ($68.21) and last traded at GBX 5,380 ($67.58), with a volume of 111547 shares trading hands. The stock had previously closed at GBX 5,357.83 ($67.30).

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 5,900 ($74.11) target price on shares of Bank of Georgia Group in a report on Tuesday, February 20th.

Bank of Georgia Group Trading Down 0.6 %

The company has a market capitalization of £2.45 billion, a P/E ratio of 602.89, a P/E/G ratio of 0.88 and a beta of 1.10. The company has a 50 day moving average price of GBX 4,981.01 and a 200 day moving average price of GBX 4,117.49.

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.