Numis Securities restated their buy rating on shares of GB Group (LON:GBG) in a research report sent to investors on Tuesday morning. The brokerage currently has a GBX 600 ($7.84) target price on the stock.
Other research analysts have also recently issued research reports about the stock. Peel Hunt reissued a buy rating on shares of GB Group in a report on Tuesday, December 18th. Berenberg Bank reiterated a buy rating and issued a GBX 650 ($8.49) price objective on shares of GB Group in a report on Tuesday, November 27th. Finally, Canaccord Genuity lowered shares of GB Group to a hold rating and raised their price objective for the company from GBX 430 ($5.62) to GBX 485 ($6.34) in a report on Friday, February 1st. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of GBX 584.20 ($7.63).
GBG stock opened at GBX 487.53 ($6.37) on Tuesday. GB Group has a 12 month low of GBX 270 ($3.53) and a 12 month high of GBX 458.25 ($5.99).
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.
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