Bank of Georgia Group PLC 24.3% potential upside indicated by Jefferies

Bank of Georgia Group PLC with ticker (LON:BGEO) now has a potential upside of 24.3% according to Jefferies.



Jefferies set a target price of 5,900 GBX for the company, which when compared to the Bank of Georgia Group PLC share price of 4,745 GBX at opening today (01/03/2024) indicates a potential upside of 24.3%. Trading has ranged between 2,218 (52 week low) and 4,965 (52 week high) with an average of 75,370 shares exchanging hands daily. The market capitalisation at the time of writing is £2,256,501,603.

Bank of Georgia Group PLC is a United Kingdom-based holding company that provides banking, leasing, brokerage, and investment management services to corporate and individual customers. The Company’s Retail Banking segment provides consumer loans, mortgage loans, overdrafts, credit cards and other credit facilities, funds transfers and settlement services, and handling of customers deposits for both individuals and legal entities. Its Corporate Investment Banking segment comprises corporate banking and investment management operations in Georgia. Corporate Banking provides loans and other credit facilities, funds transfers and settlement services, trade finance services, documentary operations support and handles savings and term deposits for corporate and institutional customers. The Investment Management business provides brokerage services through Galt & Taggart. Its BNB segment comprising JSC Belarusky Narodny Bank, which provides retail and corporate banking services in Belarus.