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Bank of Georgia Group PLC 41% Potential Upside Indicated by Numis

Bank of Georgia Group PLC with EPIC/TICKER (LON:BGEO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Numis. Bank of Georgia Group PLC are listed in the Financials sector within UK Main Market. Numis have set a target price of 2356 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 41.0% from the opening price of 1671 GBX. Over the last 30 and 90 trading days the company share price has decreased 14 points and increased 61 points respectively. The 1 year high for the share price is 3528 GBX while the 52 week low for the stock is 1299.6 GBX.

Bank of Georgia Group PLC has a 50 day moving average of 1,705.04 GBX and the 200 Day Moving Average price is recorded at 1,645.33. There are currently 47,626,147 shares in issue with the average daily volume traded being 77,605. Market capitalisation for LON:BGEO is £800,119,269 GBP.