GB Group plc’s (GBG) “Buy” Rating Reiterated at Peel Hunt
GB Group plc (LON:GBG)‘s stock had its “buy” rating reiterated by equities researchers at Peel Hunt in a research report issued on Tuesday. They presently have a GBX 340 ($4.22) price target on the stock. Peel Hunt’s price objective suggests a potential upside of 45.33% from the stock’s current price.
A number of other equities research analysts also recently weighed in on GBG. FinnCap reiterated a “buy” rating and issued a GBX 350 ($4.34) price target on shares of GB Group plc in a research report on Monday, August 15th. Citigroup Inc. began coverage on shares of GB Group plc in a research report on Tuesday, September 13th. They issued a “buy” rating and a GBX 400 ($4.96) price target for the company.
GB Group plc (LON:GBG) opened at 230.00 on Tuesday. The company’s market capitalization is GBX 284.94 million. GB Group plc has a 12 month low of GBX 205.76 and a 12 month high of GBX 357.00. The firm has a 50-day moving average price of GBX 256.51 and a 200-day moving average price of GBX 290.90.
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In other news, insider Law,Richard Anthony acquired 3,984 shares of the stock in a transaction on Thursday, September 8th. The stock was acquired at an average cost of GBX 77 ($0.96) per share, for a total transaction of £3,067.68 ($3,805.58). Also, insider David John Wilson sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, September 26th. The shares were sold at an average price of GBX 348 ($4.32), for a total transaction of £17,400 ($21,585.41).
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.
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