GB Group plc (LON:GBG) Given Average Recommendation of “Moderate Buy” by Analysts

GB Group plc (LON:GBG) has earned an average rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 337.50.

Several analysts have weighed in on the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 290 price objective on shares of GB Group in a research report on Thursday, April 23rd. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 265 price objective on shares of GB Group in a research report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 415 price objective on shares of GB Group in a research report on Wednesday. Canaccord Genuity Group cut their price objective on GB Group from GBX 400 to GBX 365 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Shore Capital Group reaffirmed a “buy” rating on shares of GB Group in a research report on Wednesday, April 22nd.

GB Group Stock Down 0.7%

LON GBG opened at GBX 202 on Wednesday. The business’s 50-day moving average is GBX 213.28 and its 200 day moving average is GBX 224.43. The company has a debt-to-equity ratio of 16.35, a current ratio of 1.07 and a quick ratio of 0.74. The stock has a market capitalization of £468.56 million, a PE ratio of 56.11, a PEG ratio of 173.40 and a beta of 0.00. GB Group has a 1 year low of GBX 185.05 and a 1 year high of GBX 285.

GB Group (LON:GBG) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported GBX 19.20 earnings per share for the quarter. The business had revenue of £285.04 million for the quarter. GB Group had a return on equity of 1.53% and a net margin of 3.22%. Sell-side analysts forecast that GB Group will post 17.0176437 earnings per share for the current year.

About GB Group

GBG is a global identity technology business, enabling safe and rewarding digital lives for genuine people, everywhere.

For over 30 years, we have combined global data with our innovative technology to make sure that genuine people everywhere can digitally prove who they are and where they live.

We are an essential ingredient that protects against digital crime, strengthens business resilience and drives responsible growth, at scale, across a diverse range of sectors. Today, our team of over 1,100 people serve more than 20,000 customers globally.