Brokerages Set GB Group plc (LON:GBG) PT at GBX 319.29

Shares of GB Group plc (LON:GBG) have received an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 319.29.

A number of research analysts recently weighed in on GBG shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 415 price objective on shares of GB Group in a research note on Wednesday, June 3rd. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 265 target price on shares of GB Group in a research report on Wednesday, April 22nd. Canaccord Genuity Group lowered their price target on GB Group from GBX 400 to GBX 365 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Jefferies Financial Group dropped their price target on shares of GB Group from GBX 270 to GBX 240 and set a “buy” rating on the stock in a research report on Thursday, June 25th. Finally, Shore Capital Group restated a “buy” rating on shares of GB Group in a research note on Wednesday, April 22nd.

GB Group Price Performance

Shares of GBG opened at GBX 207 on Thursday. The company has a debt-to-equity ratio of 23.89, a current ratio of 1.09 and a quick ratio of 0.74. The company has a market cap of £474.70 million, a P/E ratio of -6.74, a PEG ratio of 173.40 and a beta of 0.01. GB Group has a 12 month low of GBX 180.60 and a 12 month high of GBX 265. The stock has a fifty day moving average price of GBX 212.42 and a 200 day moving average price of GBX 213.51.

GB Group (LON:GBG) last announced its quarterly earnings results on Tuesday, June 2nd. The company reported GBX 19.20 earnings per share for the quarter. The company had revenue of £285.04 million during the quarter. GB Group had a negative return on equity of 14.39% and a negative net margin of 26.34%. On average, research analysts forecast that GB Group will post 17.0176437 earnings per share for the current year.

Insider Transactions at GB Group

In other news, insider David ward bought 12,000 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were purchased at an average price of GBX 196 per share, for a total transaction of £23,520. Insiders own 1.63% of the company’s stock.

GB Group Company Profile

GBG exists to enable safe and rewarding digital lives for genuine people, everywhere. As the AI trust intelligence platform, we turn billions of interactions across people, places and businesses into the signals that help businesses drive and protect growth.

For over 30 years, we have combined global data with innovative technology to help more than 20,000 customers globally verify identity and location, protecting against digital crime, strengthening business resilience and driving responsible growth at scale.

GBG is a publicly traded company (LSE: GBG) and constituent of the FTSE 250 index.