Brokerages Set GB Group plc (GBG) Target Price at $426.67

GB Group plc (LON:GBG) has earned an average rating of “Buy” from the five analysts that are presently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a buy rating. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 438 ($6.15).

Several equities research analysts recently weighed in on GBG shares. Peel Hunt reiterated a “buy” rating and issued a GBX 467 ($6.56) target price on shares of GB Group in a research note on Tuesday, October 24th. FinnCap reissued a “buy” rating and issued a GBX 450 ($6.32) price target on shares of GB Group in a research report on Thursday, November 9th. Finally, Canaccord Genuity reissued a “buy” rating and issued a GBX 430 ($6.04) price target on shares of GB Group in a research report on Tuesday, October 24th.

GB Group (GBG) traded up GBX 16.50 ($0.23) during midday trading on Friday, hitting GBX 433 ($6.08). 141,613 shares of the company traded hands, compared to its average volume of 156,451. GB Group has a twelve month low of GBX 270 ($3.79) and a twelve month high of GBX 458.25 ($6.44). The company has a market capitalization of $656.44 and a PE ratio of 4,811.11.

In related news, insider David John Wilson sold 100,000 shares of the stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of GBX 425 ($5.97), for a total value of £425,000 ($596,826.29).

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GB Group Company Profile

GB Group plc (GBG) is a global specialist in identity data intelligence. Its segments include Identity Proofing division and Identity Solutions division. The Identity Proofing division provides Identification (ID) Verification, ID Employ and Comply services and ID Fraud and Risk Management Services. It also includes the operations of ID Scan Biometrics Ltd, a provider of software that automates on-boarding of customers and employees by simplifying the identity verification and data capture process.

Analyst Recommendations for GB Group (LON:GBG)

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