Baltic Classifieds Group (LON:BCG) Price Target Lowered to GBX 335 at Berenberg Bank

Baltic Classifieds Group (LON:BCG) had its price objective reduced by Berenberg Bank from GBX 360 to GBX 335 in a report published on Thursday morning,Digital Look reports. Berenberg Bank currently has a buy rating on the stock.

Other analysts also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft raised Baltic Classifieds Group to a “buy” rating and lifted their price objective for the stock from GBX 366 to GBX 373 in a research note on Thursday, September 25th. JPMorgan Chase & Co. upped their target price on Baltic Classifieds Group from GBX 194 to GBX 208 and gave the company an “underweight” rating in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 316.50.

Baltic Classifieds Group Price Performance

Shares of LON BCG traded down GBX 10.60 during midday trading on Thursday, reaching GBX 175.40. The stock had a trading volume of 28,453,816 shares, compared to its average volume of 2,518,653. The company has a market capitalization of £840.98 million, a price-to-earnings ratio of 18.86, a price-to-earnings-growth ratio of 1.62 and a beta of 1.43. The company has a debt-to-equity ratio of 13.70, a quick ratio of 2.36 and a current ratio of 2.05. The stock has a 50-day moving average of GBX 273.09 and a 200-day moving average of GBX 322.51. Baltic Classifieds Group has a 12-month low of GBX 168 and a 12-month high of GBX 403.

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.