GB Group plc (LON:GBG) had its target price upped by equities researchers at FinnCap from GBX 350 ($4.52) to GBX 400 ($5.16) in a note issued to investors on Wednesday, May 10th. The brokerage currently has a “buy” rating on the stock. FinnCap’s price target points to a potential upside of 3.90% from the company’s current price.
Other equities analysts have also issued research reports about the stock. Canaccord Genuity assumed coverage on shares of GB Group plc in a report on Friday, March 31st. They issued a “buy” rating on the stock. Peel Hunt lifted their price target on shares of GB Group plc from GBX 340 ($4.39) to GBX 467 ($6.03) and gave the company a “buy” rating in a report on Wednesday, May 10th. Berenberg Bank reiterated a “buy” rating and issued a GBX 340 ($4.39) price target on shares of GB Group plc in a report on Thursday, February 9th. Finally, Credit Suisse Group AG assumed coverage on shares of GB Group plc in a research note on Thursday, January 26th. They issued a “buy” rating and a GBX 370 ($4.78) target price on the stock. Six research analysts have rated the stock with a buy rating, GB Group plc presently has a consensus rating of “Buy” and an average target price of GBX 407.83 ($5.26).
Shares of GB Group plc (LON:GBG) opened at 385.00 on Wednesday. The stock’s market capitalization is GBX 495.93 million. The stock has a 50 day moving average price of GBX 333.28 and a 200 day moving average price of GBX 292.19. GB Group plc has a one year low of GBX 205.76 and a one year high of GBX 391.75.
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About GB Group plc
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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