Baltic Classifieds Group (LON:BCG) Trading Down 15.3% – Time to Sell?

by · The Markets Daily

Baltic Classifieds Group PLC (LON:BCG – Get Free Report)’s stock price fell 15.3% during trading on Thursday . The company traded as low as GBX 168 and last traded at GBX 186. 22,166,805 shares traded hands during mid-day trading, an increase of 820% from the average session volume of 2,408,758 shares. The stock had previously closed at GBX 219.50.

Analysts Set New Price Targets

BCG has been the topic of a number of research analyst reports. JPMorgan Chase & Co. raised their target price on shares of Baltic Classifieds Group from GBX 194 to GBX 208 and gave the company an “underweight” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft raised shares of Baltic Classifieds Group to a “buy” rating and boosted their target price for the stock from GBX 366 to GBX 373 in a research report on Thursday, September 25th. Finally, Berenberg Bank lowered their price target on Baltic Classifieds Group from GBX 395 to GBX 360 and set a “buy” rating on the stock in a research report on Wednesday, September 24th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of GBX 322.75.

Get Our Latest Research Report on Baltic Classifieds Group

Baltic Classifieds Group Stock Performance

The stock has a market capitalization of £891.80 million, a P/E ratio of 20.00, a PEG ratio of 1.62 and a beta of 1.43. The firm has a 50-day moving average of GBX 273.09 and a 200 day moving average of GBX 322.51. The company has a quick ratio of 2.36, a current ratio of 2.05 and a debt-to-equity ratio of 13.70.

About Baltic Classifieds Group

(Get Free Report)

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.

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