UK's Lion Finance gains as JP Morgan raises target price
18/09/2026 09:10
BUZZ-UK's Lion Finance gains as JP Morgan raises target price ** London-listed Lion Finance Group's BGEO.L shares rise about 3% to a record high of 14,230p, among top gainers on the FTSE bluechip index .FTSE
** Analysts at JP Morgan raise target price to 16,700p from 14,100p on potential of high earnings growth
** JPM says Lion Finance offers exposure to high-growth Georgian and Armenian economies
** Expects EPS to rise by about 12% annually between 2025 and 2028, driven by strong volume growth and increasing credit penetration
** Sees attractive valuations and re-rating potential, alongside opportunities from higher distributions, M&A and digital bank expansion
** YTD, stock up ~52%
(Reporting by Jahanvi Kothari in Bengaluru)