GB Group’s (GBG) “Speculative Buy” Rating Reiterated at Canaccord Genuity Group

GB Group (LON:GBG)‘s stock had its “speculative buy” rating reaffirmed by equities research analysts at Canaccord Genuity Group in a research note issued to investors on Tuesday, Digital Look reports. They presently have a GBX 300 target price on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 99.47% from the company’s current price.

GBG has been the topic of a number of other reports. Jefferies Financial Group cut their price target on shares of GB Group from GBX 240 to GBX 210 and set a “buy” rating on the stock in a report on Wednesday, August 26th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 345 price objective on shares of GB Group in a report on Thursday, October 1st. Finally, Berenberg Bank lowered shares of GB Group to a “hold” rating and lowered their price objective for the stock from GBX 260 to GBX 190 in a research report on Wednesday, September 2nd. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 283.33.

GB Group Trading Down 4.8%

Shares of GB Group stock opened at GBX 150.40 on Tuesday. 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 cap of £343.94 million, a PE ratio of -4.90, a P/E/G ratio of 173.40 and a beta of 0.02. The stock has a fifty day moving average price of GBX 157.97 and a 200-day moving average price of GBX 194.21. The company has a debt-to-equity ratio of 23.89, a current ratio of 1.09 and a quick ratio of 0.74.

About GB Group

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.