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Baltic Classifieds Group (LON:BCG) Shares Down 14.6% - What's Next?

Baltic Classifieds Group logo with Communication Services background

Key Points

  • Baltic Classifieds Group PLC shares experienced a significant decline of 14.6%, dropping to GBX 270 ($3.65) during trading on Wednesday, with trading volume increasing by 1,214% compared to the average session.
  • Analysts from Peel Hunt have reiterated a "hold" rating, setting a price target of GBX 350, in line with the general consensus that the stock rating remains at "Hold".
  • Baltic Classifieds Group operates as a leading online classifieds portal in the Baltics, encompassing various sectors including automotive, real estate, jobs & services, and generalist listings.
  • Five stocks we like better than Baltic Classifieds Group.

Baltic Classifieds Group PLC (LON:BCG - Get Free Report)'s stock price traded down 14.6% during trading on Wednesday . The company traded as low as GBX 270 ($3.65) and last traded at GBX 270 ($3.65). 24,725,477 shares traded hands during trading, an increase of 1,214% from the average session volume of 1,881,507 shares. The stock had previously closed at GBX 316 ($4.27).

Analysts Set New Price Targets

Separately, Peel Hunt reiterated a "hold" rating and set a GBX 350 price target on shares of Baltic Classifieds Group in a report on Thursday, July 3rd. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Baltic Classifieds Group presently has an average rating of "Hold" and a consensus target price of GBX 350.

View Our Latest Stock Report on BCG

Baltic Classifieds Group Trading Down 11.3%

The stock's fifty day moving average price is GBX 341.37 and its 200 day moving average price is GBX 339.96. The company has a quick ratio of 2.36, a current ratio of 2.05 and a debt-to-equity ratio of 13.70. The stock has a market cap of £1.35 billion, a PE ratio of 3,014.73, a PEG ratio of 1.62 and a beta of 1.43.

Baltic Classifieds Group Company Profile

(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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