GB Group (LON:GBG) Given “Buy” Rating at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of GB Group (LON:GBG) in a research report sent to investors on Wednesday,Digital Look reports. They currently have a GBX 400 price target on the stock.

Separately, Shore Capital Group reissued a “buy” rating on shares of GB Group in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 339.

GB Group Trading Down 1.7%

LON:GBG opened at GBX 215.10 on Wednesday. GB Group has a 12 month low of GBX 185.05 and a 12 month high of GBX 292. The company has a current ratio of 1.07, a quick ratio of 0.74 and a debt-to-equity ratio of 16.35. The stock has a market capitalization of £500.56 million, a price-to-earnings ratio of 59.75, a PEG ratio of 173.40 and a beta of 0.30. The firm has a fifty day simple moving average of GBX 201.40 and a two-hundred day simple moving average of GBX 228.04.

About GB Group

GBG is a global identity technology business, enabling safe and rewarding digital lives for genuine people, everywhere.

For over 30 years, we have combined global data with our innovative technology to make sure that genuine people everywhere can digitally prove who they are and where they live.

We are an essential ingredient that protects against digital crime, strengthens business resilience and drives responsible growth, at scale, across a diverse range of sectors. Today, our team of over 1,100 people serve more than 20,000 customers globally.