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 investment analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Thursday, Digital Look reports. They currently have a GBX 345 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 135.66% from the stock’s current price.

Other equities analysts have also issued reports about the stock. Berenberg Bank lowered shares of GB Group to a “hold” rating and cut their price objective for the company from GBX 260 to GBX 190 in a report on Wednesday, September 2nd. Canaccord Genuity Group lowered their target price on shares of GB Group from GBX 365 to GBX 300 and set a “speculative buy” rating for the company in a report on Thursday, September 3rd. Finally, Jefferies Financial Group dropped their target price 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. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to 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 Performance

GB Group stock opened at GBX 146.40 on Thursday. The company has a market cap of £335.13 million, a PE ratio of -4.77, a PEG ratio of 173.40 and a beta of 0.02. 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 1 year low of GBX 145.40 and a 1 year high of GBX 265. The company’s 50-day moving average is GBX 176.32 and its two-hundred day 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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