GB Group (LON:GBG – Get Free Report)‘s stock had its “speculative buy” rating restated by equities research analysts at Canaccord Genuity Group in a research report issued on Tuesday, Digital Look reports. They presently have a GBX 300 target price on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 99.47% from the company’s previous close.
A number of other research firms also recently issued reports on GBG. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 345 price target on shares of GB Group in a research note on Thursday, October 1st. Jefferies Financial Group lowered their price objective on GB Group from GBX 240 to GBX 210 and set a “buy” rating for the company in a research note on Wednesday, August 26th. Finally, Berenberg Bank downgraded GB Group to a “hold” rating and lowered their price objective for the stock from GBX 260 to GBX 190 in a research note on Wednesday, September 2nd. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, GB Group has an average rating of “Moderate Buy” and a consensus target price of GBX 283.33.
View Our Latest Report on GB Group
GB Group Trading Down 4.8%
LON:GBG opened at GBX 150.40 on Tuesday. 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 firm has a 50-day moving average of GBX 157.97 and a 200-day moving average of GBX 194.21. The company has a market cap of £343.94 million, a PE ratio of -4.90, a PEG ratio of 173.40 and a beta of 0.02. GB Group has a one year low of GBX 141.80 and a one year high of GBX 262.50.
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.
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