GB Group plc’s (GBG) “Buy” Rating Reaffirmed at Peel Hunt
GBG has been the topic of several other research reports. Citigroup Inc. initiated coverage on GB Group plc in a research note on Tuesday, September 13th. They issued a buy rating and a GBX 400 ($4.95) price target on the stock. FinnCap restated a buy rating and issued a GBX 350 ($4.33) price target on shares of GB Group plc in a research note on Monday, August 15th.
Shares of GB Group plc (LON:GBG) traded up 0.9835% during mid-day trading on Thursday, hitting GBX 320.6225. The company’s stock had a trading volume of 70,925 shares. The stock’s 50 day moving average price is GBX 323.76 and its 200 day moving average price is GBX 297.58. The company’s market cap is GBX 397.21 million. GB Group plc has a 52-week low of GBX 226.80 and a 52-week high of GBX 357.00.
In other GB Group plc news, insider Wilson ,David John sold 49,999 shares of the stock in a transaction on Tuesday, August 16th. The stock was sold at an average price of GBX 303 ($3.75), for a total transaction of £151,496.97 ($187,496.25). Also, insider Law,Richard Anthony bought 3,984 shares of the business’s stock in a transaction on Thursday, September 8th. The shares were acquired at an average price of GBX 77 ($0.95) per share, for a total transaction of £3,067.68 ($3,796.63).
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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