Baltic Classifieds Group (LON:BCG) Earns Buy Rating from Analysts at Berenberg Bank


Analysts at Berenberg Bank began coverage on shares of Baltic Classifieds Group (LON:BCGGet Free Report) in a note issued to investors on Monday, Digital Look reports. The firm set a “buy” rating and a GBX 300 ($3.84) price target on the stock. Berenberg Bank’s price target suggests a potential upside of 20.24% from the stock’s current price.

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 294 ($3.77) price target on shares of Baltic Classifieds Group in a report on Thursday, July 4th.

View Our Latest Stock Report on BCG

Baltic Classifieds Group Stock Performance

LON BCG opened at GBX 249.50 ($3.20) on Monday. The stock has a market capitalization of £1.22 billion, a PE ratio of 4,990.00, a P/E/G ratio of 1.62 and a beta of 1.38. The business has a 50 day simple moving average of GBX 239.40 and a two-hundred day simple moving average of GBX 234.42. The company has a debt-to-equity ratio of 16.43, a current ratio of 2.03 and a quick ratio of 2.36. Baltic Classifieds Group has a 1-year low of GBX 171.80 ($2.20) and a 1-year high of GBX 266.50 ($3.41).

Baltic Classifieds Group Company Profile

(Get Free Report)

Baltic Classifieds Group PLC owns and operates online classifieds portals for automotive, real estate, jobs and services, and general merchandise in Estonia, Latvia, and Lithuania. It operates online classifieds portals for automotive, such as Autoplius.lt and Auto24.ee; real estate portals, including Aruodas.lt, KV.ee, City24.ee, and City24.lv; job and service portals, which include CVbankas.lt, GetaPro.lv, GetaPro.ee, and Paslaugos.lt; and generalist online classifieds portals comprising Skelbiu.lt, Kainos.lt, Osta.ee, and Kuldnebörs.ee.

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Baltic Classifieds Group (LON:BCG) Earns Buy Rating from Analysts at Berenberg Bank:

Analysts at Berenberg Bank began coverage on shares of Baltic Classif…

Author: BLOGGER