GB Group plc (GBG) Stock Rating Reaffirmed by FinnCap
GB Group plc (LON:GBG)‘s stock had its “buy” rating restated by equities researchers at FinnCap in a research note issued to investors on Monday. They presently have a GBX 350 ($4.37) target price on the stock. FinnCap’s price target would indicate a potential upside of 45.83% from the stock’s current price.
Several other equities analysts have also recently weighed in on the stock. Citigroup Inc. started coverage on shares of GB Group plc in a research report on Tuesday, September 13th. They issued a “buy” rating and a GBX 400 ($5.00) price target on the stock. Peel Hunt reaffirmed a “buy” rating and issued a GBX 340 ($4.25) price target on shares of GB Group plc in a research report on Thursday, November 10th.
Shares of GB Group plc (LON:GBG) opened at 239.00 on Monday. The company has a 50 day moving average price of GBX 272.69 and a 200 day moving average price of GBX 293.04. GB Group plc has a 52 week low of GBX 205.76 and a 52 week high of GBX 357.00. The company’s market capitalization is GBX 296.09 million.
In other GB Group plc news, insider David John Wilson sold 5,000 shares of the stock in a transaction dated Monday, September 26th. The shares were sold at an average price of GBX 348 ($4.35), for a total value of £17,400 ($21,739.13). Also, insider Law,Richard Anthony acquired 3,984 shares of the firm’s stock in a transaction on Thursday, September 8th. The stock was purchased at an average price of GBX 77 ($0.96) per share, with a total value of £3,067.68 ($3,832.68).
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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