GB Group (GBG) Rating Reiterated by Peel Hunt
GB Group (LON:GBG)‘s stock had its “buy” rating reaffirmed by investment analysts at Peel Hunt in a report issued on Monday. They presently have a GBX 515 ($6.93) target price on the stock. Peel Hunt’s price objective indicates a potential upside of 19.77% from the stock’s current price.
Several other research analysts also recently commented on the company. FinnCap reiterated a “buy” rating and set a GBX 450 ($6.06) target price on shares of GB Group in a research note on Thursday, November 9th. Canaccord Genuity reiterated a “buy” rating and set a GBX 430 ($5.79) target price on shares of GB Group in a research note on Tuesday, October 24th. Six investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average price target of GBX 426.67 ($5.74).
GB Group (LON:GBG) opened at GBX 430 ($5.79) on Monday. GB Group has a one year low of GBX 248.25 ($3.34) and a one year high of GBX 458.25 ($6.17).
In related news, insider David John Wilson sold 100,000 shares of the business’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of GBX 425 ($5.72), for a total value of £425,000 ($572,005.38).
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GB Group Company Profile
GB Group plc (GBG) is a global specialist in identity data intelligence. Its segments include Identity Proofing division and Identity Solutions division. The Identity Proofing division provides Identification (ID) Verification, ID Employ and Comply services and ID Fraud and Risk Management Services. It also includes the operations of ID Scan Biometrics Ltd, a provider of software that automates on-boarding of customers and employees by simplifying the identity verification and data capture process.
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