Baltic Classifieds Group Corrects Director’s Shareholding Details

Baltic Classifieds Group Plc ( (GB:BCG) ) has shared an announcement.

Baltic Classifieds Group PLC announced a correction regarding the shareholding of Ed Williams, a Non-Executive Director. Initially reported as holding 3,053,744 shares, the correct figure is 3,264,839 shares following his recent purchase of 211,095 shares. This transaction, conducted on the London Stock Exchange, reflects a 0.68% stake in the company’s issued share capital. The announcement aligns with EU Market Abuse Regulation requirements, ensuring transparency in managerial dealings.

The most recent analyst rating on (GB:BCG) stock is a Hold with a £191.00 price target. To see the full list of analyst forecasts on Baltic Classifieds Group Plc stock, see the GB:BCG Stock Forecast page.

Spark’s Take on GB:BCG Stock

According to Spark, TipRanks’ AI Analyst, GB:BCG is a Neutral.

Baltic Classifieds Group Plc’s overall stock score reflects strong financial performance and positive corporate events, offset by bearish technical indicators and a revised revenue forecast. The company’s robust profitability and strategic actions like share buybacks are significant strengths, but technical analysis suggests caution due to current market momentum.

To see Spark’s full report on GB:BCG stock, click here.

More about Baltic Classifieds Group Plc

Baltic Classifieds Group PLC operates in the classifieds industry, focusing on providing online platforms for buying and selling goods and services. The company primarily serves the Baltic region, offering a range of digital marketplaces that cater to various sectors including real estate, automotive, and general classifieds.

Average Trading Volume: 2,930,086

Technical Sentiment Signal: Sell

Current Market Cap: £900.9M

For a thorough assessment of BCG stock, go to TipRanks’ Stock Analysis page.