Lion Finance Group (LON:BGEO) Hits New 12-Month High – Still a Buy?

Lion Finance Group PLC (LON:BGEO) hit a new 52-week high on Friday . The stock traded as high as GEL 13,750.00 and last traded at GEL 13,620.00, with a volume of 28142 shares. The stock had previously closed at GEL 13,380.00.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. increased their price objective on Lion Finance Group from £139 to £141 and gave the company an “overweight” rating in a report on Wednesday, August 12th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Lion Finance Group has an average rating of “Buy”.

Lion Finance Group Price Performance

The firm has a fifty day moving average of GEL 12,398.71 and a 200 day moving average of GEL 11,297.83. The stock has a market capitalization of $588.63 billion, a price-to-earnings ratio of 2.53, a price-to-earnings-growth ratio of 0.88 and a beta of 0.77.

Lion Finance Group (LON:BGEO) last released its quarterly earnings data on Tuesday, August 11th. The company reported GEL 778.58 EPS for the quarter. Lion Finance Group had a return on equity of 27.08% and a net margin of 35.77%. Research analysts predict that Lion Finance Group PLC will post 1221.6828479 EPS for the current year.

About Lion Finance Group

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 100 holding company whose main subsidiaries provide banking and financial services in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks – Bank of Georgia in Georgia and Ameriabank in Armenia. By building on our competitive strengths, we are committed to driving business growth, sustaining high profitability, and generating strong returns, while creating opportunities for our stakeholders and making a positive contribution in the communities where we operate.