Baltic Classifieds Group (LON:BCG) Upgraded at Deutsche Bank Aktiengesellschaft

Key Points

• Baltic Classifieds Group was upgraded to a "buy" rating by Deutsche Bank with a target price of GBX 373, indicating a potential upside of approximately 26.23% from its previous close.
• Peel Hunt maintained a "hold" rating with a price target of GBX 350, while the consensus rating for the stock is a "Moderate Buy" with a target of GBX 361.
• The stock opened at GBX 295.50, with a one-year trading range between GBX 265 and GBX 403.

Baltic Classifieds Group (LON:BCG - Get Free Report) was upgraded by stock analysts at Deutsche Bank Aktiengesellschaft to a "buy" rating in a report issued on Thursday, MarketBeat.com reports. The brokerage presently has a GBX 373 target price on the stock, up from their previous target price of GBX 366. Deutsche Bank Aktiengesellschaft's price objective would indicate a potential upside of 26.23% from the company's previous close.

Separately, Peel Hunt restated a "hold" rating and set a GBX 350 price target on shares of Baltic Classifieds Group in a research note on Thursday, July 3rd. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Baltic Classifieds Group has a consensus rating of "Moderate Buy" and a consensus price target of GBX 361.

Baltic Classifieds Group Stock Performance

LON:BCG opened at GBX 295.50 on Thursday. Baltic Classifieds Group has a 1 year low of GBX 265 and a 1 year high of GBX 403. The business has a fifty day simple moving average of GBX 339.94 and a two-hundred day simple moving average of GBX 339.68. The company has a market capitalization of £1.42 billion, a P/E ratio of 3,177.42, a P/E/G ratio of 1.62 and a beta of 1.43. The company has a debt-to-equity ratio of 13.70, a current ratio of 2.05 and a quick ratio of 2.36.

About Baltic Classifieds Group

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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