GB Group plc (LON:GBG) Given Average Recommendation of “Moderate Buy” by Brokerages

GB Group plc (LON:GBG) has been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 319.29.

A number of brokerages have recently commented on GBG. Shore Capital Group reaffirmed a “buy” rating on shares of GB Group in a report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 415 price target on shares of GB Group in a research note on Wednesday, June 3rd. Canaccord Genuity Group lowered their price objective on shares of GB Group from GBX 400 to GBX 365 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Jefferies Financial Group lowered their price objective on shares of GB Group from GBX 270 to GBX 240 and set a “buy” rating on the stock in a research report on Thursday, June 25th. Finally, Berenberg Bank dropped their price objective on shares of GB Group from GBX 290 to GBX 260 and set a “buy” rating on the stock in a research note on Thursday, June 4th.

Insider Activity

In related news, insider David ward purchased 12,000 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were purchased at an average price of GBX 196 per share, with a total value of £23,520. 1.63% of the stock is currently owned by corporate insiders.

GB Group Trading Down 0.6%

LON:GBG opened at GBX 159.60 on Monday. The stock’s 50 day moving average price is GBX 212.74 and its 200 day moving average price is GBX 211.58. The company has a market capitalization of £365.28 million, a PE ratio of -5.20, a P/E/G ratio of 173.40 and a beta of 0.02. The company has a quick ratio of 0.74, a current ratio of 1.09 and a debt-to-equity ratio of 23.89. GB Group has a 52-week low of GBX 156.40 and a 52-week high of GBX 265.

GB Group (LON:GBG) last released its quarterly earnings results on Tuesday, June 2nd. The company reported GBX 19.20 EPS for the quarter. GB Group had a negative return on equity of 14.39% and a negative net margin of 26.34%.The company had revenue of £285.04 million for the quarter. On average, research analysts anticipate that GB Group will post 17.0176437 EPS for the current year.

About GB Group

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.