GB Group (LON:GBG – Get Free Report)‘s stock had its “buy” rating reissued by analysts at Jefferies Financial Group in a research note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 210 price objective on the stock. Jefferies Financial Group’s price target suggests a potential upside of 35.48% from the company’s current price.
GBG has been the topic of a number of other research reports. Berenberg Bank downgraded shares of GB Group to a “hold” rating and decreased their price target for the company from GBX 260 to GBX 190 in a research note on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 345 price objective on shares of GB Group in a research note on Thursday, October 1st. Finally, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 300 target price on shares of GB Group in a report on Tuesday. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, GB Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 252.
Read Our Latest Research Report on GB Group
GB Group Price Performance
Shares of GB Group stock traded down GBX 2 during trading hours on Wednesday, hitting GBX 155. The company’s stock had a trading volume of 1,851,211 shares, compared to its average volume of 3,705,859. The business has a 50 day moving average price of GBX 156.40 and a two-hundred day moving average price of GBX 193.88. GB Group has a 12-month low of GBX 141.80 and a 12-month high of GBX 262.50. The company has a market cap of £354.46 million, a PE ratio of -5.05, a PEG ratio of 173.40 and a beta of 0.02. The company has a debt-to-equity ratio of 23.89, a quick ratio of 0.74 and a current ratio of 1.09.
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.
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