GB Group plc (LON:GBG) Given Average Rating of “Moderate Buy” by Brokerages

Shares of GB Group plc (LON:GBGGet Free Report) have been assigned an average rating of “Moderate Buy” from the seven brokerages that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 319.29.

Several research analysts have commented on GBG shares. Shore Capital Group reaffirmed a “buy” rating on shares of GB Group in a research report on Wednesday, April 22nd. Canaccord Genuity Group lowered their price objective on shares of GB Group from GBX 400 to GBX 365 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 265 target price on shares of GB Group in a research report on Wednesday, April 22nd. Jefferies Financial Group dropped their target price on shares of GB Group from GBX 270 to GBX 240 and set a “buy” rating on the stock in a research report on Thursday, June 25th. Finally, Berenberg Bank cut their target price on shares of GB Group from GBX 290 to GBX 260 and set a “buy” rating for the company in a research note on Thursday, June 4th.

Read Our Latest Research Report on GB Group

Insider Activity

In related news, insider David ward acquired 12,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was acquired at an average price of GBX 196 per share, with a total value of £23,520. Insiders own 1.63% of the company’s stock.

GB Group Trading Up 0.2%

GB Group stock opened at GBX 229 on Thursday. The company has a debt-to-equity ratio of 23.89, a quick ratio of 0.74 and a current ratio of 1.09. The business’s 50-day simple moving average is GBX 212.32 and its 200-day simple moving average is GBX 212.87. The firm has a market capitalization of £525.15 million, a PE ratio of -7.46, a PEG ratio of 173.40 and a beta of 0.01. GB Group has a 52 week low of GBX 180.60 and a 52 week high of GBX 265.

GB Group (LON:GBGGet Free Report) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported GBX 19.20 earnings per share for the quarter. GB Group had a negative return on equity of 14.39% and a negative net margin of 26.34%.The business had revenue of £285.04 million during the quarter. Equities research analysts forecast that GB Group will post 17.0176437 earnings per share for the current year.

GB Group Company Profile

(Get Free Report)

GBG exists to enable safe and rewarding digital lives for genuine people, everywhere. As the AI trust intelligence platform, we turn billions of interactions across people, places and businesses into the signals that help businesses drive and protect growth.

For over 30 years, we have combined global data with innovative technology to help more than 20,000 customers globally verify identity and location, protecting against digital crime, strengthening business resilience and driving responsible growth at scale.

GBG is a publicly traded company (LSE: GBG) and constituent of the FTSE 250 index.

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Analyst Recommendations for GB Group (LON:GBG)

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