Peel Hunt Reaffirms Buy Rating for GB Group plc (GBG)
GB Group plc (LON:GBG)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a report released on Thursday.
A number of other analysts have also recently weighed in on the stock. FinnCap reaffirmed a “buy” rating on shares of GB Group plc in a report on Thursday. Citigroup Inc. assumed coverage on shares of GB Group plc in a report on Tuesday, September 13th. They issued a “buy” rating and a GBX 400 ($4.95) price objective on the stock.
Shares of GB Group plc (LON:GBG) opened at 322.33 on Thursday. GB Group plc has a one year low of GBX 226.80 and a one year high of GBX 357.00. The stock’s market cap is GBX 399.32 million. The stock has a 50 day moving average of GBX 323.74 and a 200 day moving average of GBX 297.34.
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In related news, insider Law,Richard Anthony bought 3,984 shares of the stock in a transaction on Thursday, September 8th. The shares were purchased at an average price of GBX 77 ($0.95) per share, with a total value of £3,067.68 ($3,796.63). Also, insider David John Wilson sold 5,000 shares of the firm’s stock in a transaction dated Monday, September 26th. The shares were sold at an average price of GBX 348 ($4.31), for a total transaction of £17,400 ($21,534.65).
GB Group plc Company Profile
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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