GB Group (LON:GBG) Receives Hold Rating from Stifel Nicolaus

GB Group (LON:GBG)‘s stock had its “hold” rating reissued by Stifel Nicolaus in a research report issued to clients and investors on Wednesday,London Stock Exchange reports. They currently have a GBX 265 price objective on the stock. Stifel Nicolaus’ target price suggests a potential upside of 21.12% from the company’s previous close.

GBG has been the topic of several other research reports. Shore Capital Group reiterated a “buy” rating on shares of GB Group in a research note on Wednesday. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 400 price objective on shares of GB Group in a research note on Wednesday. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 339.

GB Group Stock Down 1.1%

Shares of GB Group stock traded down GBX 2.50 during trading on Wednesday, reaching GBX 218.80. The company had a trading volume of 2,345,354 shares, compared to its average volume of 3,254,083. The company has a market cap of £509.17 million, a price-to-earnings ratio of 60.78, a price-to-earnings-growth ratio of 173.40 and a beta of 0.30. The firm’s fifty day moving average is GBX 201.27 and its 200-day moving average is GBX 228.10. The company has a debt-to-equity ratio of 16.35, a quick ratio of 0.74 and a current ratio of 1.07. GB Group has a fifty-two week low of GBX 185.05 and a fifty-two week high of GBX 292.

GB Group Company Profile

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.