Baltic Classifieds Group (LON:BCG) Insider Justinas Šimkus Acquires 237,133 Shares

Baltic Classifieds Group PLC (LON:BCG) insider Justinas Šimkus bought 237,133 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average price of GBX 1 per share, with a total value of £2,371.33.

Baltic Classifieds Group Price Performance

Shares of BCG stock traded up GBX 1.10 on Tuesday, hitting GBX 211.90. 37,234,320 shares of the stock traded hands, compared to its average volume of 10,388,854. The firm has a market cap of £906.19 million, a price-to-earnings ratio of 19.80, a PEG ratio of 1.62 and a beta of 1.06. The company has a debt-to-equity ratio of 24.77, a current ratio of 1.70 and a quick ratio of 2.36. The firm has a 50 day simple moving average of GBX 187.56 and a two-hundred day simple moving average of GBX 189.83. Baltic Classifieds Group PLC has a 52 week low of GBX 168 and a 52 week high of GBX 361.50.

Wall Street Analyst Weigh In

Several brokerages have issued reports on BCG. Jefferies Financial Group reissued a “hold” rating and issued a GBX 200 price objective on shares of Baltic Classifieds Group in a research note on Thursday, July 2nd. Berenberg Bank reissued a “buy” rating and issued a GBX 270 target price on shares of Baltic Classifieds Group in a research report on Friday, July 3rd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Baltic Classifieds Group from GBX 158 to GBX 183 and gave the company an “underweight” rating in a research note on Monday. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 256.50.

Baltic Classifieds Group Company Profile

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. The portals are accessible through the websites of the Group’s various brands via desktop and mobile.