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

Shares of GB Group plc (LON:GBG) have earned a consensus rating of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 319.29.

Several research analysts recently commented on GBG shares. Canaccord Genuity Group reduced their price objective on shares of GB Group from GBX 400 to GBX 365 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. Shore Capital Group restated a “buy” rating on shares of GB Group in a research note on Wednesday, April 22nd. Berenberg Bank cut their price target on shares of GB Group from GBX 290 to GBX 260 and set a “buy” rating on the stock in a report on Thursday, June 4th. Jefferies Financial Group reduced their price target on 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, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 415 price target on shares of GB Group in a research report on Wednesday, June 3rd.

GB Group Stock Performance

Shares of GB Group stock opened at GBX 221 on Thursday. The company has a market capitalization of £506.81 million, a PE ratio of -7.20, a P/E/G ratio of 173.40 and a beta of 0.01. The company has a debt-to-equity ratio of 23.89, a quick ratio of 0.74 and a current ratio of 1.09. The company has a 50-day simple moving average of GBX 212.35 and a two-hundred day simple moving average of GBX 213.15. GB Group has a one year low of GBX 180.60 and a one year high of GBX 265.

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

Insiders Place Their Bets

In other GB Group news, insider David ward bought 12,000 shares of GB Group stock in a transaction that occurred on Thursday, June 4th. The shares were bought at an average cost of GBX 196 per share, with a total value of £23,520. 1.63% of the stock is currently owned by company insiders.

About GB Group

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.