GB Group’s (GBG) Buy Rating Reiterated at Jefferies Financial Group

GB Group (LON:GBG – Get Free Report)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Financial Group in a report released on Wednesday, Digital Look reports. They currently have a GBX 210 target price on the stock. Jefferies Financial Group’s price objective points to a potential upside of 34.62% from the company’s previous close.

Several other brokerages have also commented on GBG. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 345 price objective on shares of GB Group in a report on Thursday, October 1st. Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 300 target price on shares of GB Group in a report on Tuesday. Finally, Berenberg Bank lowered GB Group to a “hold” rating and decreased their target price for the stock from GBX 260 to GBX 190 in a research report on Wednesday, September 2nd. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, GB Group currently has a consensus rating of “Moderate Buy” and an average target price of GBX 252.

Read Our Latest Stock Analysis on GBG

GB Group Price Performance

Shares of LON GBG opened at GBX 156 on Wednesday. GB Group has a 1 year low of GBX 141.80 and a 1 year high of GBX 262.50. The company has a debt-to-equity ratio of 23.89, a current ratio of 1.09 and a quick ratio of 0.74. The company’s 50-day moving average is GBX 154.96 and its 200 day moving average is GBX 193.54. The stock has a market capitalization of £356.75 million, a P/E ratio of -5.08, a P/E/G ratio of 173.40 and a beta of 0.02.

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.

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