Insider Buying: Baltic Classifieds Group (LON:BCG) Insider Buys 51,724 Shares of Stock

Key Points

• Edmund Williams, an insider at Baltic Classifieds Group, bought a total of 90,515 shares on April 27 at GBX 192 per share—transactions totaling about £173,788.80 (51,724 shares for £99,310.08 and 38,791 shares for £74,478.72).
• JPMorgan cut its price target to GBX 178 and rated the stock "underweight," while MarketBeat shows an average analyst rating of "Hold" with a target of GBX 309; the shares trade around GBX 193.50 with a market cap of ~£874.4m.

Baltic Classifieds Group PLC (LON:BCG - Get Free Report) insider Edmund Williams bought 51,724 shares of the business's stock in a transaction dated Monday, April 27th. The stock was bought at an average cost of GBX 192 per share, for a total transaction of £99,310.08.

Edmund Williams also recently made the following trade(s):

• On Monday, April 27th, Edmund Williams bought 38,791 shares of Baltic Classifieds Group stock. The stock was bought at an average cost of GBX 192 per share, for a total transaction of £74,478.72.

Baltic Classifieds Group Trading Up 1.2%

Baltic Classifieds Group stock opened at GBX 193.50 on Tuesday. The company has a debt-to-equity ratio of 4.64, a current ratio of 0.98 and a quick ratio of 2.36. Baltic Classifieds Group PLC has a one year low of GBX 168 and a one year high of GBX 380. The stock has a market capitalization of £874.43 million, a PE ratio of 18.79, a price-to-earnings-growth ratio of 1.62 and a beta of 1.09. The business's fifty day moving average is GBX 188.27 and its 200 day moving average is GBX 213.05.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. dropped their price objective on Baltic Classifieds Group from GBX 182 to GBX 178 and set an "underweight" rating on the stock in a research report on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Baltic Classifieds Group currently has an average rating of "Hold" and an average target price of GBX 309.

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

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