GB Group (GBG) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of GB Group (LON:GBG) in a research note released on Wednesday morning.

Separately, Berenberg Bank restated a buy rating on shares of GB Group in a report on Tuesday, April 3rd. Five equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and an average target price of GBX 462.50 ($6.49).

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LON:GBG opened at GBX 408.50 ($5.73) on Wednesday. GB Group has a 1 year low of GBX 270 ($3.79) and a 1 year high of GBX 458.25 ($6.43). The firm has a market capitalization of $642.70 and a PE ratio of 4,483.33.

In other news, insider Nick Brown sold 13,560 shares of the company’s stock in a transaction on Monday, March 5th. The stock was sold at an average price of GBX 407 ($5.71), for a total value of £55,189.20 ($77,469.40).

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About GB Group

GB Group plc, together with its subsidiaries, provides identity data intelligence services in the United Kingdom, the United States, Australia, and internationally. It operates through two segments, Identity Proofing and Identity Solutions. The company's solutions include ID verification, which helps in verifying consumers' identities remotely, without the physical presentation of documentation, in order to combat ID fraud, money laundering, and restricting access to under-age content, purchases, and gambling; and ID employ and comply that provides background checks through online verification and authentication of individuals.

Analyst Recommendations for GB Group (LON:GBG)

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