GB Group plc (LON:GBG) Stock Has Average Price Target of GBX 285.71

GB Group plc (LON:GBG – Get Free Report) has been given an average recommendation of “Moderate Buy” by the seven ratings firms that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 285.71.

GBG has been the topic of several recent research reports. Berenberg Bank lowered GB Group to a “hold” rating and cut their price target for the stock from GBX 260 to GBX 190 in a report on Wednesday, September 2nd. Canaccord Genuity Group lowered their target price on GB Group from GBX 365 to GBX 300 and set a “speculative buy” rating on the stock in a research report on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 345 target price on shares of GB Group in a report on Thursday, October 1st. Finally, Jefferies Financial Group reduced their price target on shares of GB Group from GBX 240 to GBX 210 and set a “buy” rating for the company in a research report on Wednesday, August 26th.

Read Our Latest Research Report on GB Group

GB Group Stock Performance

Shares of GBG opened at GBX 150.20 on Tuesday. The company has a debt-to-equity ratio of 23.89, a current ratio of 1.09 and a quick ratio of 0.74. The stock has a 50-day moving average of GBX 167.24 and a 200-day moving average of GBX 195.97. The company has a market cap of £343.48 million, a PE ratio of -4.89, a P/E/G ratio of 173.40 and a beta of 0.02. GB Group has a one year low of GBX 141.80 and a one year high of GBX 262.50.

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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