Peel Hunt Reaffirms Buy Rating for GB Group plc (GBG)
GB Group plc (LON:GBG)‘s stock had its “buy” rating reaffirmed by Peel Hunt in a research report issued to clients and investors on Thursday.
Other research analysts have also issued reports about the stock. FinnCap restated a “buy” rating on shares of GB Group plc in a research note on Thursday. Citigroup Inc. initiated coverage on shares of GB Group plc in a research note on Tuesday, September 13th. They issued a “buy” rating and a GBX 400 ($4.95) price objective on the stock.
Shares of GB Group plc (LON:GBG) opened at 322.33 on Thursday. GB Group plc has a 12-month low of GBX 226.80 and a 12-month high of GBX 357.00. The firm has a 50-day moving average of GBX 323.74 and a 200 day moving average of GBX 297.34. The stock’s market capitalization is GBX 399.32 million.
In other news, insider Law,Richard Anthony sold 750,000 shares of GB Group plc stock in a transaction dated Wednesday, July 27th. The shares were sold at an average price of GBX 293 ($3.63), for a total value of £2,197,500 ($2,719,678.22). Also, insider David John Wilson sold 5,000 shares of GB Group plc stock in a transaction dated Monday, September 26th. The shares were sold at an average price of GBX 348 ($4.31), for a total transaction of £17,400 ($21,534.65).
About GB Group plc
GB Group plc is a United Kingdom-based company engaged in the provision of identity data intelligence services. The Company operates through two segments: Identity Proofing (IDP) and Identity Solutions (IDS). Identity Proofing division provides electronic identity (ID) verification services for combating ID fraud, money laundering and under-age gambling, as well as ID Employ and Comply services for employee authentication and screening, and ID Fraud and Risk Management services.
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