Baltic Classifieds Group (LON:BCG) Reaches New 1-Year High at $304.50

Baltic Classifieds Group PLC (LON:BCG) hit a new 52-week high on Monday . The stock traded as high as GBX 304.50 ($4.08) and last traded at GBX 304.50 ($4.08), with a volume of 1234415 shares traded. The stock had previously closed at GBX 298.50 ($4.00).

Analysts Set New Price Targets

Several brokerages have recently issued reports on BCG. Berenberg Bank began coverage on shares of Baltic Classifieds Group in a report on Monday, July 8th. They set a “buy” rating and a GBX 300 ($4.02) price target for the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 294 ($3.94) target price on shares of Baltic Classifieds Group in a research report on Thursday, July 4th.

Baltic Classifieds Group Stock Up 2.6 %

The company has a market cap of £1.47 billion, a price-to-earnings ratio of 4,975.00, a price-to-earnings-growth ratio of 1.62 and a beta of 1.43. The stock has a 50-day simple moving average of GBX 276.51 and a 200-day simple moving average of GBX 251.43. The company has a current ratio of 2.20, a quick ratio of 2.36 and a debt-to-equity ratio of 15.05.

Baltic Classifieds Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, October 18th. Investors of record on Thursday, September 12th will be given a €0.02 ($0.02) dividend. This represents a yield of 0.74%. The ex-dividend date is Thursday, September 12th. This is a positive change from Baltic Classifieds Group’s previous dividend of $0.01. Baltic Classifieds Group’s dividend payout ratio is currently 5,000.00%.

Baltic Classifieds Group Company Profile

Baltic Classifieds Group PLC owns and operates online classifieds portals for automotive, real estate, jobs and services, and general merchandise in Estonia, Latvia, and Lithuania. It operates online classifieds portals for automotive, such as Autoplius.lt and Auto24.ee; real estate portals, including Aruodas.lt, KV.ee, City24.ee, and City24.lv; job and service portals, which include CVbankas.lt, GetaPro.lv, GetaPro.ee, and Paslaugos.lt; and generalist online classifieds portals comprising Skelbiu.lt, Kainos.lt, Osta.ee, and Kuldnebörs.ee.