GB Group’s (GBG) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of GB Group (LON:GBG) in a research note released on Wednesday,Digital Look reports. They currently have a GBX 400 price target on the stock.

Separately, Shore Capital Group restated a “buy” rating on shares of GB Group in a research note on Wednesday. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 329.

GB Group Stock Up 0.4%

Shares of LON:GBG opened at GBX 212.30 on Wednesday. The company has a 50 day moving average of GBX 201.75 and a 200-day moving average of GBX 227.65. GB Group has a one year low of GBX 185.05 and a one year high of GBX 292. The company has a debt-to-equity ratio of 16.35, a current ratio of 1.07 and a quick ratio of 0.74. The stock has a market cap of £494.05 million, a price-to-earnings ratio of 58.97, a P/E/G ratio of 173.40 and a beta of 0.30.

About GB Group

GBG is a global identity technology business, enabling safe and rewarding digital lives for genuine people, everywhere.

For over 30 years, we have combined global data with our innovative technology to make sure that genuine people everywhere can digitally prove who they are and where they live.

We are an essential ingredient that protects against digital crime, strengthens business resilience and drives responsible growth, at scale, across a diverse range of sectors. Today, our team of over 1,100 people serve more than 20,000 customers globally.