GB Group plc (LON:GBG) Given Average Rating of “Moderate Buy” by Analysts

Shares of GB Group plc (LON:GBG) have been assigned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 319.29.

A number of research firms have issued reports on GBG. Canaccord Genuity Group cut their target price on GB Group from GBX 400 to GBX 365 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Shore Capital Group reiterated a “buy” rating on shares of GB Group in a research note on Wednesday, April 22nd. Stifel Nicolaus reiterated a “hold” rating and issued a GBX 265 target price on shares of GB Group in a research note on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 415 target price on shares of GB Group in a research note on Wednesday, June 3rd. Finally, Berenberg Bank cut their target price on GB Group from GBX 290 to GBX 260 and set a “buy” rating on the stock in a research note on Thursday, June 4th.

Insider Transactions at GB Group

In related news, insider David ward bought 12,000 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were bought at an average cost of GBX 196 per share, for a total transaction of £23,520. Insiders own 1.60% of the company’s stock.

GB Group Stock Performance

Shares of GBG opened at GBX 192 on Friday. The business’s fifty day moving average price is GBX 212.78 and its 200 day moving average price is GBX 218.54. GB Group has a 12-month low of GBX 180.60 and a 12-month high of GBX 265. The stock has a market capitalization of £443.45 million, a PE ratio of -6.25, a price-to-earnings-growth ratio of 173.40 and a beta of 0.02. The company has a debt-to-equity ratio of 23.89, a current ratio of 1.09 and a quick ratio of 0.74.

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

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.