GB Group plc’s (GBG) Buy Rating Reaffirmed at FinnCap
GB Group plc (LON:GBG)‘s stock had its “buy” rating restated by equities researchers at FinnCap in a research note issued on Thursday.
GBG has been the topic of several other reports. Citigroup Inc. started coverage on GB Group plc in a research note on Tuesday, September 13th. They issued a “buy” rating and a GBX 400 ($4.95) target price on the stock. Peel Hunt reiterated a “buy” rating and set a GBX 340 ($4.21) price objective on shares of GB Group plc in a research note on Thursday, August 25th.
Shares of GB Group plc (LON:GBG) opened at 322.33 on Thursday. GB Group plc has a 12-month low of GBX 226.80 and a 12-month high of GBX 357.00. The stock’s 50 day moving average price is GBX 323.74 and its 200 day moving average price is GBX 297.34. The firm’s market capitalization is GBX 399.32 million.
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In related news, insider Law,Richard Anthony sold 750,000 shares of the business’s stock in a transaction dated Wednesday, July 27th. The stock was sold at an average price of GBX 293 ($3.63), for a total transaction of £2,197,500 ($2,719,678.22). Also, insider Wilson ,David John sold 49,999 shares of the business’s stock in a transaction dated Tuesday, August 16th. The stock was sold at an average price of GBX 303 ($3.75), for a total value of £151,496.97 ($187,496.25).
About GB Group plc
GB Group plc is a United Kingdom-based company engaged in the provision of identity data intelligence services. The Company operates through two segments: Identity Proofing (IDP) and Identity Solutions (IDS). Identity Proofing division provides electronic identity (ID) verification services for combating ID fraud, money laundering and under-age gambling, as well as ID Employ and Comply services for employee authentication and screening, and ID Fraud and Risk Management services.
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