GB Group plc (GBG) Given Average Rating of “Buy” by Brokerages

Shares of GB Group plc (LON:GBG) have been assigned a consensus rating of “Buy” from the five ratings firms that are covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a buy rating. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 445 ($6.29).

GBG has been the topic of several recent analyst reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 515 ($7.28) price target on shares of GB Group in a research report on Thursday, February 1st. Berenberg Bank reaffirmed a “buy” rating on shares of GB Group in a research report on Tuesday, April 3rd.

Shares of GBG stock traded down GBX 6.50 ($0.09) during trading on Tuesday, reaching GBX 403 ($5.70). The company had a trading volume of 142,822 shares, compared to its average volume of 194,592. GB Group has a one year low of GBX 270 ($3.82) and a one year high of GBX 458.25 ($6.48). The company has a market capitalization of $642.70 and a price-to-earnings ratio of 4,483.33.

In other GB Group news, insider Nick Brown sold 100,000 shares of GB Group stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of GBX 418 ($5.91), for a total value of £418,000 ($590,812.72).

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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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