GB Group plc (LON:GBG) Receives GBX 285.71 Average PT from Analysts

GB Group plc (LON:GBGGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the seven research firms that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 285.71.

GBG has been the subject of several research analyst reports. Berenberg Bank lowered GB Group to a “hold” rating and decreased their target price for the company from GBX 260 to GBX 190 in a research report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft reduced their price target on shares of GB Group from GBX 415 to GBX 345 and set a “buy” rating for the company in a research report on Monday, August 17th. Canaccord Genuity Group lowered their price objective on shares of GB Group from GBX 365 to GBX 300 and set a “speculative buy” rating on the stock in a research 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 on the stock in a research note on Wednesday, August 26th.

Read Our Latest Analysis on GB Group

GB Group Stock Performance

Shares of GBG opened at GBX 156.80 on Friday. The stock has a 50 day moving average of GBX 190.90 and a 200 day moving average of GBX 202.05. The company has a market capitalization of £358.94 million, a price-to-earnings ratio of -5.11, a PEG ratio of 173.40 and a beta of 0.02. GB Group has a 12 month low of GBX 147.40 and a 12 month high of GBX 265. The company has a current ratio of 1.09, a quick ratio of 0.74 and a debt-to-equity ratio of 23.89.

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.

Further Reading

Analyst Recommendations for GB Group (LON:GBG)

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