GB Group plc (LON:GBG) Stock Has Average Target Price of GBX 285.71 According to Analysts

Shares of GB Group plc (LON:GBG – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 285.71.

Several research analysts have recently issued reports on the stock. Canaccord Genuity Group reduced their target price on shares of GB Group from GBX 365 to GBX 300 and set a “speculative buy” rating on the stock in a research note on Thursday, September 3rd. Berenberg Bank downgraded GB Group to a “hold” rating and dropped their price objective for the company from GBX 260 to GBX 190 in a report on Wednesday, September 2nd. Jefferies Financial Group cut their target price on GB Group from GBX 240 to GBX 210 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 345 target price on shares of GB Group in a research report on Thursday, October 1st.

Read Our Latest Report on GBG

GB Group Stock Up 1.3%

LON GBG opened at GBX 144.60 on Tuesday. The stock has a market capitalization of £330.68 million, a P/E ratio of -4.71, a price-to-earnings-growth ratio of 173.40 and a beta of 0.02. GB Group has a 52 week low of GBX 141.80 and a 52 week high of GBX 262.50. The company has a debt-to-equity ratio of 23.89, a quick ratio of 0.74 and a current ratio of 1.09. The stock has a fifty day moving average of GBX 168.66 and a 200-day moving average of GBX 196.29.

GB Group Company Profile

(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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Analyst Recommendations for GB Group (LON:GBG)

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