GB Group plc (LON:GBG) had its price target upped by Citigroup Inc from GBX 415 ($5.36) to GBX 455 ($5.87) in a report released on Wednesday, May 10th. The brokerage presently has a “buy” rating on the stock. Citigroup Inc’s price objective suggests a potential upside of 18.18% from the company’s previous close.
A number of other analysts have also issued reports on GBG. Peel Hunt increased their target price on 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 restated a “buy” rating and issued a GBX 340 ($4.39) target price on shares of GB Group plc in a report on Thursday, February 9th. FinnCap increased their target price on GB Group plc from GBX 350 ($4.52) to GBX 400 ($5.16) and gave the company a “buy” rating in a report on Wednesday, May 10th. Credit Suisse Group AG assumed coverage on GB Group plc in a report on Thursday, January 26th. They issued a “buy” rating and a GBX 370 ($4.78) target price for the company. Finally, Canaccord Genuity assumed coverage on GB Group plc in a report on Friday, March 31st. They issued a “buy” rating for the company. Six investment analysts have rated the stock with a buy rating, GB Group plc currently has an average rating of “Buy” and a consensus target price of GBX 407.83 ($5.26).
GB Group plc (LON:GBG) opened at 385.00 on Wednesday. GB Group plc has a one year low of GBX 205.76 and a one year high of GBX 391.75. The company’s market capitalization is GBX 495.93 million. The firm has a 50-day moving average of GBX 333.28 and a 200-day moving average of GBX 292.19.
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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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