GB Group plc (GBG) Insider David A. Rasche Purchases 41,500 Shares
GB Group plc (LON:GBG) insider David A. Rasche purchased 41,500 shares of the stock in a transaction on Tuesday, November 29th. The shares were bought at an average cost of GBX 240 ($2.98) per share, for a total transaction of £99,600 ($123,557.87).
Shares of GB Group plc (LON:GBG) traded up 1.45% on Wednesday, hitting GBX 245.00. The stock had a trading volume of 176,265 shares. The company has a 50-day moving average of GBX 256.51 and a 200 day moving average of GBX 290.90. GB Group plc has a 52 week low of GBX 205.76 and a 52 week high of GBX 357.00. The company’s market capitalization is GBX 303.52 million.
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Several research analysts have weighed in on the company. FinnCap reaffirmed a “buy” rating and set a GBX 350 ($4.34) price target on shares of GB Group plc in a research report on Tuesday. Peel Hunt reaffirmed a “buy” rating and set a GBX 340 ($4.22) price target on shares of GB Group plc in a research report on Tuesday. Finally, Citigroup Inc. began coverage on GB Group plc in a research note on Tuesday, September 13th. They set a “buy” rating and a GBX 400 ($4.96) target price for the company.
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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