GB Group plc (LON:GBG) Stock Has Consensus Price Target of GBX 285.71 According to Brokerages

Key Points

• GB Group has a “Moderate Buy” consensus rating from seven analysts, with five buys and two holds. The average 12-month price target is GBX 285.71, well above the stock’s GBX 148.60 opening price.
• Analyst views have recently become more cautious: Canaccord, Berenberg, and Jefferies lowered their price targets, while Berenberg downgraded the shares to “hold”; Deutsche Bank maintained a “buy” rating with a GBX 345 target.
• The stock has a market capitalization of approximately £340.17 million and trades near its one-year low of GBX 144, compared with a one-year high of GBX 262.50.

Shares of GB Group plc (LON:GBG - Get Free Report) have earned a consensus rating of "Moderate Buy" from the seven brokerages that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 285.71.

A number of analysts have weighed in on the stock. Canaccord Genuity Group cut their price objective on shares of GB Group from GBX 365 to GBX 300 and set a "speculative buy" rating on the stock in a report on Thursday, September 3rd. Berenberg Bank downgraded shares of GB Group to a "hold" rating and dropped their target price for the company from GBX 260 to GBX 190 in a research report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 345 price target on shares of GB Group in a research note on Thursday, October 1st. Finally, Jefferies Financial Group decreased 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.

GB Group Stock Up 1.2%

GB Group stock opened at GBX 148.60 on Tuesday. The stock has a market cap of £340.17 million, a PE ratio of -4.84, a P/E/G ratio of 173.40 and a beta of 0.02. The company has a debt-to-equity ratio of 23.89, a current ratio of 1.09 and a quick ratio of 0.74. The stock's fifty day moving average is GBX 173.60 and its two-hundred day moving average is GBX 197.41. GB Group has a 1-year low of GBX 144 and a 1-year high of GBX 262.50.

GB Group Company Profile

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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