GB Group plc (GBG) Stock Rating Reaffirmed by Peel Hunt
GB Group plc (LON:GBG)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a report released on Thursday. They currently have a GBX 340 ($4.21) price target on the stock. Peel Hunt’s target price points to a potential upside of 44.99% from the company’s current price.
Several other equities research analysts also recently weighed in on GBG. FinnCap restated a “buy” rating and set a GBX 350 ($4.34) price target on shares of GB Group plc in a report on Monday, August 15th. Citigroup Inc. initiated coverage on GB Group plc in a research report on Tuesday, September 13th. They set a “buy” rating and a GBX 400 ($4.95) price objective for the company.
GB Group plc (LON:GBG) opened at 237.25 on Thursday. The stock’s market capitalization is GBX 293.92 million. The company’s 50-day moving average price is GBX 289.38 and its 200 day moving average price is GBX 295.03. GB Group plc has a 12 month low of GBX 205.76 and a 12 month high of GBX 357.00.
In related news, insider David John Wilson sold 5,000 shares of the company’s stock in a transaction dated Monday, September 26th. The stock was sold at an average price of GBX 348 ($4.31), for a total value of £17,400 ($21,553.33). Also, insider Law,Richard Anthony bought 3,984 shares of the firm’s stock in a transaction that occurred on Thursday, September 8th. The stock was purchased at an average cost of GBX 77 ($0.95) per share, with a total value of £3,067.68 ($3,799.93).
GB Group plc Company Profile
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.
Receive News & Stock Ratings for GB Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GB Group plc and related stocks with our FREE daily email newsletter.