Baltic Classifieds Group (LON:BCG) Hits New 12-Month High – Should You Buy?

Baltic Classifieds Group PLC (LON:BCG)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 330 ($4.31) and last traded at GBX 328 ($4.28), with a volume of 29450 shares traded. The stock had previously closed at GBX 322.84 ($4.22).

Analysts Set New Price Targets

A number of brokerages have recently commented on BCG. Berenberg Bank initiated coverage on Baltic Classifieds Group in a research report on Monday, July 8th. They set a “buy” rating and a GBX 300 ($3.92) price target on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 294 ($3.84) price objective on shares of Baltic Classifieds Group in a report on Thursday, July 4th.

Baltic Classifieds Group Stock Up 1.4 %

The stock has a market capitalization of £1.58 billion, a P/E ratio of 6,456.80, a price-to-earnings-growth ratio of 1.62 and a beta of 1.43. The company has a debt-to-equity ratio of 15.05, a current ratio of 2.20 and a quick ratio of 2.36. The stock has a fifty day moving average price of GBX 289.21 and a 200 day moving average price of GBX 260.07.

About Baltic Classifieds Group

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.