Peel Hunt Reaffirms “Purchase” Rating for TBC Bank Group PLC (TBCG)

Peel Hunt Reaffirms “Purchase” Rating for TBC Bank Group PLC (TBCG)

TBC Bank Group PLC (LON:TBCG)‘s stock had its “buy” rating restated by research analysts at Peel Hunt in a note issued to investors on Monday. They presently have a GBX 1,900 ($23.88) price objective on the stock. Peel Hunt’s price target points to a potential upside of 26.92% from the company’s current price.

Shares of TBC Bank Group PLC (LON:TBCG) traded up 3.31% during midday trading on Monday, reaching GBX 1497.00. 11,402 shares of the company’s stock traded hands. The stock’s 50-day moving average price is GBX 1,441.16 and its 200 day moving average price is GBX 1,376.89. The firm’s market capitalization is GBX 746.36 million. TBC Bank Group PLC has a one year low of GBX 980.00 and a one year high of GBX 1,563.00.

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