UK's Lion Finance gains as JP Morgan raises target price

By Reuters News

** 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%

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