GB Group (GBG) Rating Reiterated by Peel Hunt

GB Group (LON:GBG)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a research report issued to clients and investors on Monday. They presently have a GBX 515 ($7.12) price target on the stock. Peel Hunt’s target price suggests a potential upside of 25.61% from the stock’s current price.

GB Group (LON GBG) opened at GBX 410 ($5.66) on Monday. GB Group has a twelve month low of GBX 270 ($3.73) and a twelve month high of GBX 458.25 ($6.33). The stock has a market capitalization of $642.70 and a P/E ratio of 4,555.56.

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In other GB Group news, insider Nick Brown sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of GBX 418 ($5.78), for a total value of £418,000 ($577,507.60).

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About GB Group

GB Group plc (GBG) is a global specialist in identity data intelligence. Its segments include Identity Proofing division and Identity Solutions division. The Identity Proofing division provides Identification (ID) Verification, ID Employ and Comply services and ID Fraud and Risk Management Services. It also includes the operations of ID Scan Biometrics Ltd, a provider of software that automates on-boarding of customers and employees by simplifying the identity verification and data capture process.

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