GB Group plc (LON:GBG) Stock Has Consensus Price Target of GBX 285.71

GB Group plc (LON:GBG – Get Free Report) has been given an average rating of “Moderate Buy” by the seven research firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 285.71.

A number of research firms have recently commented on GBG. Berenberg Bank lowered GB Group to a “hold” rating and cut their price target for the stock from GBX 260 to GBX 190 in a report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 345 price target on shares of GB Group in a research report on Thursday, October 1st. Canaccord Genuity Group decreased their price objective on 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, Jefferies Financial Group decreased their price objective on GB Group from GBX 240 to GBX 210 and set a “buy” rating on the stock in a research note on Wednesday, August 26th.

Read Our Latest Stock Report on GB Group

GB Group Stock Up 1.2%

GB Group stock opened at GBX 153.40 on Tuesday. The firm has a 50 day simple moving average of GBX 165.85 and a 200 day simple moving average of GBX 195.66. The company has a current ratio of 1.09, a quick ratio of 0.74 and a debt-to-equity ratio of 23.89. GB Group has a 1-year low of GBX 141.80 and a 1-year high of GBX 262.50. The firm has a market capitalization of £350.80 million, a price-to-earnings ratio of -5.00, a P/E/G ratio of 173.40 and a beta of 0.02.

About GB Group

(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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