GB Group’s (GBG) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

GB Group (LON:GBG – Get Free Report)‘s stock had its “buy” rating reissued by research analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Thursday, Digital Look reports. They presently have a GBX 345 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 136.95% from the company’s current price.

GBG has been the topic of several other reports. Berenberg Bank downgraded shares of GB Group to a “hold” rating and decreased their price objective for the company from GBX 260 to GBX 190 in a report on Wednesday, September 2nd. Jefferies Financial Group decreased their price target on shares of GB Group from GBX 240 to GBX 210 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. Finally, Canaccord Genuity Group lowered their price target on shares of GB Group from GBX 365 to GBX 300 and set a “speculative buy” rating on the stock in a report on Thursday, September 3rd. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, GB Group has an average rating of “Moderate Buy” and an average price target of GBX 285.71.

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GB Group Stock Down 0.1%

GBG stock opened at GBX 145.60 on Thursday. The company has a current ratio of 1.09, a quick ratio of 0.74 and a debt-to-equity ratio of 23.89. The firm has a market capitalization of £333.30 million, a PE ratio of -4.74, a PEG ratio of 173.40 and a beta of 0.02. GB Group has a 1-year low of GBX 145.40 and a 1-year high of GBX 265. The business’s 50 day simple moving average is GBX 176.32 and its 200 day simple moving average is GBX 198.20.

About GB Group

(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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