GB Group plc (LON:GBG) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• GB Group has a “Moderate Buy” consensus rating from seven analysts: five recommend buying the stock and two advise holding it. The average 12-month price target is GBX 285.71.
• Recent analyst actions were mixed but generally constructive: Deutsche Bank, Jefferies and Canaccord retained buy-oriented ratings while lowering their price targets, whereas Berenberg downgraded the shares to “hold” and cut its target to GBX 190.
• GB Group shares opened at GBX 151.40, near their 52-week low of GBX 147.40 and below both the 50-day and 200-day moving averages, with a market capitalization of approximately £346.6 million.

GB Group plc (LON:GBG - Get Free Report) has been given a consensus rating of "Moderate Buy" by the seven research firms that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 285.71.

Several analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of GB Group from GBX 415 to GBX 345 and set a "buy" rating for the company in a research note on Monday, August 17th. Jefferies Financial Group lowered their price objective on shares of GB Group from GBX 240 to GBX 210 and set a "buy" rating for the company in a research note on Wednesday, August 26th. Canaccord Genuity Group reduced their price target on GB Group from GBX 365 to GBX 300 and set a "speculative buy" rating for the company in a research report on Thursday, September 3rd. Finally, Berenberg Bank downgraded GB Group to a "hold" rating and lowered their price target for the stock from GBX 260 to GBX 190 in a report on Wednesday, September 2nd.

GB Group Stock Performance

LON:GBG opened at GBX 151.40 on Friday. The stock's fifty day moving average is GBX 197.34 and its 200 day moving average is GBX 203.50. The firm has a market capitalization of £346.58 million, a PE ratio of -4.93, a PEG ratio of 173.40 and a beta of 0.02. The company has a debt-to-equity ratio of 23.89, a quick ratio of 0.74 and a current ratio of 1.09. GB Group has a fifty-two week low of GBX 147.40 and a fifty-two week high of GBX 265.

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.

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