GB Group plc (GBG) Given “Buy” Rating at Peel Hunt
Other research analysts have also recently issued research reports about the company. FinnCap reaffirmed a buy rating and issued a GBX 350 ($4.34) price target on shares of GB Group plc in a report on Monday, November 21st. Citigroup Inc. began coverage on shares of GB Group plc in a research note on Tuesday, September 13th. They set a buy rating and a GBX 400 ($4.96) target price on the stock.
GB Group plc (LON:GBG) opened at 244.00 on Tuesday. The firm’s 50 day moving average price is GBX 256.51 and its 200-day moving average price is GBX 290.90. The firm’s market cap is GBX 302.28 million. GB Group plc has a 52 week low of GBX 205.76 and a 52 week high of GBX 357.00.
In other news, insider David John Wilson sold 5,000 shares of the company’s stock in a transaction on Monday, September 26th. The shares were sold at an average price of GBX 348 ($4.32), for a total value of £17,400 ($21,585.41). Also, insider Law,Richard Anthony purchased 3,984 shares of the company’s stock in a transaction dated Thursday, September 8th. The stock was bought at an average cost of GBX 77 ($0.96) per share, for a total transaction of £3,067.68 ($3,805.58).
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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