GB Group plc (LON:GBG) Stock Has Average Price Target of GBX 249.50 According to Brokerages

Key Points

• GB Group has a “Moderate Buy” consensus rating from six analysts: four recommend buying the stock and two advise holding it. The average 12-month price target is GBX 249.50.
• Recent analyst views were mixed, with target prices ranging from GBX 157 to GBX 300; Deutsche Bank and Berenberg both reduced their targets, while Jefferies and Canaccord maintained positive ratings.
• GBG shares opened at GBX 160.40, near the lower end of their 52-week range of GBX 141.80–262.50. The company’s market capitalization is approximately £366.81 million.

Shares of GB Group plc (LON:GBG - Get Free Report) have earned a consensus rating of "Moderate Buy" from the six analysts that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 249.50.

GBG has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft cut their target price on shares of GB Group from GBX 345 to GBX 157 and set a "buy" rating for the company in a research note on Wednesday, October 21st. Berenberg Bank decreased their price target on shares of GB Group from GBX 190 to GBX 175 and set a "hold" rating on the stock in a research note on Friday, October 23rd. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 210 price target on shares of GB Group in a research note on Wednesday, October 21st. Finally, Canaccord Genuity Group reiterated a "speculative buy" rating and set a GBX 300 price target on shares of GB Group in a report on Tuesday, October 20th.

GB Group Stock Down 0.7%

Shares of LON:GBG opened at GBX 160.40 on Friday. The company has a quick ratio of 0.74, a current ratio of 1.09 and a debt-to-equity ratio of 23.89. The company has a market capitalization of £366.81 million, a P/E ratio of -5.22, a P/E/G ratio of 173.40 and a beta of 0.02. GB Group has a 52-week low of GBX 141.80 and a 52-week high of GBX 262.50. The stock's fifty day simple moving average is GBX 153.38 and its 200-day simple moving average is GBX 197.26.

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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