GB Group’s (GBG) “Buy” Rating Reaffirmed at Peel Hunt

GB Group (LON:GBG)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a report released on Friday.

Separately, Berenberg Bank increased their target price on GB Group from GBX 615 ($8.04) to GBX 650 ($8.49) and gave the company a “buy” rating in a research note on Tuesday, October 23rd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. GB Group currently has an average rating of “Buy” and a consensus target price of GBX 552 ($7.21).

GBG opened at GBX 507.95 ($6.64) on Friday. The firm has a market capitalization of $642.70 million and a P/E ratio of 4,483.33. GB Group has a 52 week low of GBX 270 ($3.53) and a 52 week high of GBX 458.25 ($5.99).

GB Group Company Profile

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.

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Analyst Recommendations for GB Group (LON:GBG)

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