GB Group (LON:GBG) Stock Rating Reaffirmed as “Speculative Buy” by Canaccord Genuity Group

GB Group (LON:GBG)‘s stock had its “speculative buy” rating reiterated by stock analysts at Canaccord Genuity Group in a research report issued to clients and investors on Tuesday, Digital Look reports. They currently have a GBX 300 target price on the stock. Canaccord Genuity Group‘s price target indicates a potential upside of 93.55% from the company’s current price.

Other equities analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 345 price target on shares of GB Group in a report on Thursday, October 1st. Berenberg Bank lowered GB Group to a “hold” rating and dropped their price objective for the company from GBX 260 to GBX 190 in a report on Wednesday, September 2nd. Finally, Jefferies Financial Group cut their price objective on GB Group from GBX 240 to GBX 210 and set a “buy” rating for the company in a research report on Wednesday, August 26th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 249.50.

GB Group Trading Down 0.6%

Shares of GB Group stock opened at GBX 155 on Tuesday. The firm has a 50-day simple moving average of GBX 153.34 and a two-hundred day simple moving average of GBX 192.93. The company has a market cap of £354.46 million, a P/E ratio of -5.05, a price-to-earnings-growth ratio of 173.40 and a beta of 0.02. GB Group has a fifty-two week low of GBX 141.80 and a fifty-two week high of GBX 262.50. The company has a debt-to-equity ratio of 23.89, a quick ratio of 0.74 and a current ratio of 1.09.

GB Group Company Profile

GBG exists to enable safe and rewarding digital lives for genuine people, everywhere. As the AI trust intelligence platform, we turn billions of interactions across people, places and businesses into the signals that help businesses drive and protect growth.

For over 30 years, we have combined global data with innovative technology to help more than 20,000 customers globally verify identity and location, protecting against digital crime, strengthening business resilience and driving responsible growth at scale.

GBG is a publicly traded company (LSE: GBG) and constituent of the FTSE 250 index.