Baltic Classifieds Group (LON:BCG) Shares Up 1.2% – Here’s What Happened

Baltic Classifieds Group PLC (LON:BCG) shares were up 1.2% during trading on Thursday . The stock traded as high as GBX 188.20 and last traded at GBX 187.40. Approximately 1,265,602 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 6,666,804 shares. The stock had previously closed at GBX 185.20.

Analyst Ratings Changes

Several brokerages recently weighed in on BCG. Berenberg Bank dropped their target price on Baltic Classifieds Group from GBX 360 to GBX 335 and set a “buy” rating for the company in a report on Thursday, December 4th. JPMorgan Chase & Co. lifted their price target on Baltic Classifieds Group from GBX 194 to GBX 208 and gave the stock an “underweight” rating in a research note on Wednesday, December 3rd. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Baltic Classifieds Group has an average rating of “Hold” and a consensus price target of GBX 316.50.

Baltic Classifieds Group Stock Performance

The firm has a market cap of £869.16 million, a P/E ratio of 18.19, a price-to-earnings-growth ratio of 1.62 and a beta of 1.21. The company has a current ratio of 0.98, a quick ratio of 2.36 and a debt-to-equity ratio of 4.64. The business’s fifty day simple moving average is GBX 187.16 and its 200-day simple moving average is GBX 227.77.

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.