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

GB Group plc (LON:GBG) has earned an average rating of “Moderate Buy” from the seven analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 319.29.

GBG has been the topic of a number of recent analyst reports. Jefferies Financial Group cut their price objective on shares of GB Group from GBX 270 to GBX 240 and set a “buy” rating on the stock in a research note on Thursday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 415 price objective on shares of GB Group in a research note on Wednesday, June 3rd. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 265 target price on shares of GB Group in a report on Wednesday, April 22nd. Canaccord Genuity Group lowered their target price on GB Group from GBX 400 to GBX 365 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Finally, Shore Capital Group reaffirmed a “buy” rating on shares of GB Group in a report on Wednesday, April 22nd.

GB Group Price Performance

Shares of LON GBG opened at GBX 192 on Friday. GB Group has a fifty-two week low of GBX 180.60 and a fifty-two week high of GBX 265. The firm’s 50-day simple moving average is GBX 212.78 and its 200 day simple moving average is GBX 218.54. The company has a quick ratio of 0.74, a current ratio of 1.09 and a debt-to-equity ratio of 23.89. The stock has a market cap of £443.45 million, a P/E ratio of -6.25, a P/E/G ratio of 173.40 and a beta of 0.02.

GB Group (LON:GBG) last issued its quarterly earnings data on Tuesday, June 2nd. The company reported GBX 19.20 earnings per share for the quarter. GB Group had a negative net margin of 26.34% and a negative return on equity of 14.39%. The business had revenue of £285.04 million for the quarter. Equities analysts expect that GB Group will post 17.0176437 EPS for the current year.

Insider Transactions at GB Group

In other news, insider David ward bought 12,000 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were purchased at an average cost of GBX 196 per share, with a total value of £23,520. 1.60% of the stock is currently owned by insiders.

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.