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

GB Group (LON:GBG – Get Free Report)‘s stock had its “buy” rating restated by analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Thursday, Digital Look reports. They currently have a GBX 345 price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 138.26% from the company’s current price.

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

Check Out Our Latest Report on GBG

GB Group Stock Performance

GBG stock traded down GBX 1 on Thursday, hitting GBX 144.80. The company had a trading volume of 763,643 shares, compared to its average volume of 3,874,597. The company has a current ratio of 1.09, a quick ratio of 0.74 and a debt-to-equity ratio of 23.89. GB Group has a 12-month low of GBX 144.80 and a 12-month high of GBX 265. The stock has a market cap of £331.47 million, a price-to-earnings ratio of -4.72, a P/E/G ratio of 173.40 and a beta of 0.02. The stock’s 50-day simple moving average is GBX 175.08 and its 200 day simple moving average is GBX 197.82.

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.

See Also

Analyst Recommendations for GB Group (LON:GBG)

Receive News & Ratings for GB Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GB Group and related companies with MarketBeat.com's FREE daily email newsletter.