GB Group (LON:GBG – Free Report) had its price target trimmed by Deutsche Bank Aktiengesellschaft from GBX 345 to GBX 157 in a research note issued to investors on Wednesday morning,Digital Look reports. They currently have a buy rating on the stock.
A number of other research firms also recently issued reports on GBG. Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 300 price objective on shares of GB Group in a report on Tuesday. Jefferies Financial Group reissued a “buy” rating and issued a GBX 210 price target on shares of GB Group in a report on Wednesday. Finally, Berenberg Bank downgraded GB Group to a “hold” rating and dropped their target price for the stock from GBX 260 to GBX 190 in a report on Wednesday, September 2nd. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, GB Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 249.50.
Read Our Latest Analysis on GB Group
GB Group Stock Down 0.6%
Shares of LON GBG opened at GBX 155 on Wednesday. GB Group has a 52-week low of GBX 141.80 and a 52-week high of GBX 262.50. The company has a debt-to-equity ratio of 23.89, a quick ratio of 0.74 and a current ratio of 1.09. The stock has a market cap of £354.46 million, a P/E ratio of -5.05, a P/E/G ratio of 173.40 and a beta of 0.02. The firm has a 50 day moving average price of GBX 153.34 and a 200 day moving average price of GBX 192.93.
GB Group Company Profile
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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