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JPMorgan Chase & Co. Begins Coverage on Lion Finance Group (LON:BGEO)

Lion Finance Group logo with Financial Services background

Key Points

  • JPMorgan Chase & Co. has initiated coverage on Lion Finance Group, assigning an "overweight" rating and setting a price target of GBX 9,200.
  • Lion Finance Group's stock price increased by 115.00 during trading, reaching 7,750.00, with a market capitalization of $338.57 billion.
  • Insider transactions indicate confidence in the company, with insiders acquiring shares at prices around 7,500.00 per share.
  • MarketBeat previews the top five stocks to own by November 1st.

Stock analysts at JPMorgan Chase & Co. started coverage on shares of Lion Finance Group (LON:BGEO - Get Free Report) in a research report issued to clients and investors on Tuesday, Marketbeat reports. The brokerage set an "overweight" rating and a GBX 9,200 price target on the stock.

Lion Finance Group Price Performance

Shares of LON BGEO traded up 115.00 during trading on Tuesday, hitting 7,750.00. The stock had a trading volume of 21,951 shares, compared to its average volume of 102,919. Lion Finance Group has a 12 month low of 3,605.00 and a 12 month high of 8,100.00. The company has a market capitalization of $338.57 billion, a PE ratio of 167.11, a PEG ratio of 0.88 and a beta of 1.05. The firm has a fifty day moving average of 7,571.89 and a two-hundred day moving average of 6,775.97.

Lion Finance Group (LON:BGEO - Get Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The company reported 317.91 earnings per share (EPS) for the quarter. Lion Finance Group had a net margin of 73.73% and a return on equity of 38.89%. On average, equities analysts expect that Lion Finance Group will post 1221.6828479 earnings per share for the current fiscal year.

Insider Buying and Selling at Lion Finance Group

In other Lion Finance Group news, insider Andrew McIntyre acquired 297 shares of Lion Finance Group stock in a transaction on Friday, August 22nd. The stock was purchased at an average price of 7,515.00 per share, for a total transaction of 2,231,955.00. Also, insider Karine Hirn bought 1,350 shares of the firm's stock in a transaction dated Thursday, August 21st. The shares were acquired at an average cost of 7,500.00 per share, with a total value of 10,125,000.00. 8.67% of the stock is currently owned by insiders.

Lion Finance Group Company Profile

(Get Free Report)

Lion Finance Group PLC (formerly Bank of Georgia Group PLC) is a FTSE 250 holding company whose main subsidiaries provide banking and financial services focused in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks – Bank of Georgia in Georgia and Ameriabank in Armenia.

Further Reading

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