JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Lion Finance Group (LON:BGEO) Stock

Lion Finance Group (LON:BGEO) had its target price increased by equities research analysts at JPMorgan Chase & Co. from £141 to £167 in a research report issued to clients and investors on Friday, London Stock Exchange reports. The brokerage currently has an “overweight” rating on the stock.

Lion Finance Group Stock Up 2.2%

Shares of LON BGEO opened at GEL 14,120.00 on Friday. The firm has a market capitalization of $608.01 billion, a P/E ratio of 2.61, a P/E/G ratio of 0.88 and a beta of 0.77. The stock’s 50-day simple moving average is GEL 12,603.73 and its two-hundred day simple moving average is GEL 11,389.63. Lion Finance Group has a twelve month low of GEL 7,305.00 and a twelve month high of GEL 14,230.00.

Lion Finance Group (LON:BGEO) last issued its quarterly earnings results on Tuesday, August 11th. The company reported GEL 778.58 earnings per share (EPS) for the quarter. Lion Finance Group had a return on equity of 27.08% and a net margin of 35.77%. As a group, research analysts anticipate that Lion Finance Group will post 1221.6828479 EPS for the current fiscal 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.