Justinas Šimkus Acquires 237,133 Shares of Baltic Classifieds Group (LON:BCG) Stock

Baltic Classifieds Group PLC (LON:BCG) insider Justinas Šimkus acquired 237,133 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was purchased at an average cost of GBX 1 per share, with a total value of £2,371.33.

Baltic Classifieds Group Trading Up 0.5%

BCG traded up GBX 1.10 during trading on Tuesday, reaching GBX 211.90. The company had a trading volume of 37,234,320 shares, compared to its average volume of 10,388,854. The company has a debt-to-equity ratio of 24.77, a quick ratio of 2.36 and a current ratio of 1.70. Baltic Classifieds Group PLC has a 12-month low of GBX 168 and a 12-month high of GBX 361.50. The firm’s 50-day simple moving average is GBX 187.56 and its 200 day simple moving average is GBX 189.83. The company has a market cap of £906.19 million, a price-to-earnings ratio of 19.80, a PEG ratio of 1.62 and a beta of 1.06.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of Baltic Classifieds Group from GBX 158 to GBX 183 and gave the stock an “underweight” rating in a report on Monday. Berenberg Bank reissued a “buy” rating and set a GBX 270 price target on shares of Baltic Classifieds Group in a report on Friday, July 3rd. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 200 price objective on shares of Baltic Classifieds Group in a report on Thursday, July 2nd. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of GBX 256.50.

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.