Brokerages Set GB Group plc (GBG) Target Price at $462.50

GB Group plc (LON:GBG) has been assigned an average recommendation of “Buy” from the five ratings firms that are currently covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a buy rating. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 445 ($6.25).

Several equities research analysts recently commented on GBG shares. Peel Hunt reissued a “buy” rating and set a GBX 515 ($7.23) target price on shares of GB Group in a report on Thursday, February 1st. Berenberg Bank reissued a “buy” rating on shares of GB Group in a report on Tuesday.

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Shares of LON:GBG opened at GBX 396.50 ($5.57) on Tuesday. GB Group has a 12 month low of GBX 270 ($3.79) and a 12 month high of GBX 458.25 ($6.43). The company has a market cap of $642.70 and a P/E ratio of 4,483.33.

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

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About GB Group

GB Group plc, together with its subsidiaries, provides identity data intelligence services in the United Kingdom, the United States, Australia, and internationally. It operates through two segments, Identity Proofing and Identity Solutions. The company's solutions include ID verification, which helps in verifying consumers' identities remotely, without the physical presentation of documentation, in order to combat ID fraud, money laundering, and restricting access to under-age content, purchases, and gambling; and ID employ and comply that provides background checks through online verification and authentication of individuals.

Analyst Recommendations for GB Group (LON:GBG)

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