GB Group plc (LON:GBG) Receives Consensus Recommendation of “Moderate Buy” from Analysts

GB Group plc (LON:GBG) has been given a consensus rating of “Moderate Buy” by the seven ratings firms that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 285.71.

GBG has been the topic of several analyst reports. Canaccord Genuity Group reduced their price target on GB Group from GBX 365 to GBX 300 and set a “speculative buy” rating on the stock in a report on Thursday, September 3rd. Jefferies Financial Group cut their price target on shares of GB Group from GBX 240 to GBX 210 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. Berenberg Bank downgraded GB Group to a “hold” rating and cut their price target for the stock from GBX 260 to GBX 190 in a report on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of GB Group from GBX 415 to GBX 345 and set a “buy” rating on the stock in a report on Monday, August 17th.

GB Group Stock Performance

GBG opened at GBX 151.40 on Friday. GB Group has a twelve month low of GBX 147.40 and a twelve month high of GBX 265. The firm has a market capitalization of £346.58 million, a PE ratio of -4.93, a PEG ratio of 173.40 and a beta of 0.02. The company has a current ratio of 1.09, a quick ratio of 0.74 and a debt-to-equity ratio of 23.89. The firm’s 50-day moving average price is GBX 197.34 and its 200 day moving average price is GBX 203.50.

GB Group Company Profile

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.