GB Group’s (GBG) Buy Rating Reaffirmed at Peel Hunt

GB Group (LON:GBG)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a report issued on Wednesday.

Separately, Berenberg Bank restated a “buy” rating on shares of GB Group in a report on Tuesday. Five research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus target price of GBX 462.50 ($6.49).

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Shares of GBG opened at GBX 396.50 ($5.57) on Wednesday. GB Group has a one year low of GBX 270 ($3.79) and a one year high of GBX 458.25 ($6.43). The stock has a market capitalization of $642.70 and a price-to-earnings ratio of 4,483.33.

In other GB Group news, insider Nick Brown sold 13,560 shares of the firm’s stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of GBX 407 ($5.71), for a total transaction of £55,189.20 ($77,469.40).

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GB Group Company Profile

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.

Analyst Recommendations for GB Group (LON:GBG)

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