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Baltic Classifieds Group (LON:BCG) Stock Price Up 1.4% - Here's Why

Baltic Classifieds Group logo with Communication Services background

Key Points

  • Baltic Classifieds Group PLC shares rose by 1.4% during mid-day trading, reaching a last traded price of GBX 335 ($4.53), despite a 63% decline in average daily trading volume.
  • Analysts from Peel Hunt have reissued a "hold" rating, setting a target price of GBX 350, with a consensus rating of "Hold" for the company.
  • Baltic Classifieds Group operates as the leading online classifieds group in the Baltics, managing twelve portals across various sectors including automotive, real estate, and jobs & services.
  • Five stocks we like better than Baltic Classifieds Group.

Baltic Classifieds Group PLC (LON:BCG - Get Free Report)'s stock price shot up 1.4% on Tuesday . The stock traded as high as GBX 335 ($4.54) and last traded at GBX 335 ($4.54). 674,112 shares were traded during mid-day trading, a decline of 63% from the average session volume of 1,817,252 shares. The stock had previously closed at GBX 330.50 ($4.48).

Analyst Upgrades and Downgrades

Separately, Peel Hunt reaffirmed a "hold" rating and issued a GBX 350 target price 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, the company currently has an average rating of "Hold" and a consensus target price of GBX 350.

Read Our Latest Stock Report on Baltic Classifieds Group

Baltic Classifieds Group Trading Down 0.3%

The stock has a market cap of £1.56 billion, a PE ratio of 3,483.87, a P/E/G ratio of 1.62 and a beta of 1.43. The business's fifty day moving average is GBX 345.90 and its 200 day moving average is GBX 339.95. 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.

Further Reading

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