GB Group plc (LON:GBG) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of GB Group plc (LON:GBG) have been given an average recommendation of “Moderate Buy” by the seven ratings firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 319.29.

Several analysts have recently commented on the stock. Stifel Nicolaus restated a “hold” rating and issued a GBX 265 target price on shares of GB Group in a research note on Wednesday, April 22nd. Shore Capital Group reiterated a “buy” rating on shares of GB Group in a research note on Wednesday, April 22nd. Canaccord Genuity Group cut their price target on shares of GB Group from GBX 400 to GBX 365 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 415 price objective on shares of GB Group in a research report on Wednesday, June 3rd. Finally, Berenberg Bank lowered their price objective on GB Group from GBX 290 to GBX 260 and set a “buy” rating on the stock in a report on Thursday, June 4th.

GB Group Price Performance

Shares of LON GBG opened at GBX 159.60 on Monday. The company has a debt-to-equity ratio of 23.89, a current ratio of 1.09 and a quick ratio of 0.74. The stock has a fifty day moving average price of GBX 212.74 and a 200 day moving average price of GBX 211.58. GB Group has a 1-year low of GBX 156.40 and a 1-year high of GBX 265. The company has a market cap of £365.28 million, a PE ratio of -5.20, a P/E/G ratio of 173.40 and a beta of 0.02.

GB Group (LON:GBG) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported GBX 19.20 earnings per share for the quarter. The firm had revenue of £285.04 million for the quarter. GB Group had a negative net margin of 26.34% and a negative return on equity of 14.39%. Sell-side analysts forecast that GB Group will post 17.0176437 EPS for the current year.

Insider Activity

In other GB Group news, insider David ward purchased 12,000 shares of GB Group stock in a transaction dated Thursday, June 4th. The stock was acquired at an average cost of GBX 196 per share, with a total value of £23,520. Company insiders own 1.63% of the company’s stock.

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.