GB Group (LON:GBG) Stock Rating Reaffirmed as “Buy” by Deutsche Bank Aktiengesellschaft

GB Group (LON:GBG – Get Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Thursday, Digital Look reports. They currently have a GBX 345 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 138.26% from the company’s previous close.

A number of other brokerages have also issued reports on GBG. Jefferies Financial Group lowered their target price on shares of GB Group from GBX 240 to GBX 210 and set a “buy” rating for the company in a research note on Wednesday, August 26th. Canaccord Genuity Group reduced their price target on shares of GB Group from GBX 365 to GBX 300 and set a “speculative buy” rating on the stock in a research note on Thursday, September 3rd. Finally, Berenberg Bank lowered shares of GB Group to a “hold” rating and decreased their price objective for the company from GBX 260 to GBX 190 in a report on Wednesday, September 2nd. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, GB Group has a consensus rating of “Moderate Buy” and an average price target of GBX 285.71.

Get Our Latest Stock Analysis on GB Group

GB Group Stock Performance

Shares of GB Group stock opened at GBX 144.80 on Thursday. The company has a quick ratio of 0.74, a current ratio of 1.09 and a debt-to-equity ratio of 23.89. The stock’s fifty day moving average is GBX 175.08 and its two-hundred day moving average is GBX 197.82. GB Group has a 52 week low of GBX 144.80 and a 52 week high of GBX 265. The company has a market capitalization of £331.47 million, a PE ratio of -4.72, a price-to-earnings-growth ratio of 173.40 and a beta of 0.02.

GB Group Company Profile

(Get Free Report)

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.

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Analyst Recommendations for GB Group (LON:GBG)

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