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.

COPYRIGHT VIOLATION WARNING: “GB Group plc’s (GBG) “Buy” Rating Reiterated at Peel Hunt” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The original version of this story can be viewed at https://www.thecerbatgem.com/2016/11/29/gb-group-plcs-gbg-buy-rating-reiterated-at-peel-hunt.html.

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.

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.