GB Group plc (LON:GBG) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of GB Group plc (LON:GBG) have received a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 319.29.

A number of analysts have recently issued reports on the company. Stifel Nicolaus restated a “hold” rating and issued a GBX 265 target price on shares of GB Group in a report on Wednesday, April 22nd. Canaccord Genuity Group reduced their target price on shares of GB Group from GBX 400 to GBX 365 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 415 price target on shares of GB Group in a research note on Wednesday, June 3rd. Jefferies Financial Group lowered their target price on shares of GB Group from GBX 270 to GBX 240 and set a “buy” rating on the stock in a research note on Thursday, June 25th. Finally, Shore Capital Group reaffirmed a “buy” rating on shares of GB Group in a report on Wednesday, April 22nd.

Insider Transactions at GB Group

In other news, insider David ward purchased 12,000 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were purchased at an average cost of GBX 196 per share, for a total transaction of £23,520. 1.60% of the stock is owned by corporate insiders.

GB Group Stock Performance

Shares of LON GBG opened at GBX 218 on Friday. The stock’s fifty day simple moving average is GBX 211.53 and its 200 day simple moving average is GBX 217.10. The stock has a market capitalization of £503.50 million, a price-to-earnings ratio of -7.10, a PEG ratio of 173.40 and a beta of 0.01. The company has a quick ratio of 0.74, a current ratio of 1.09 and a debt-to-equity ratio of 23.89. GB Group has a 52-week low of GBX 180.60 and a 52-week high of GBX 265.

GB Group (LON:GBG) last released its quarterly earnings results on Tuesday, June 2nd. The company reported GBX 19.20 earnings per share for the quarter. GB Group had a negative return on equity of 14.39% and a negative net margin of 26.34%.The business had revenue of £285.04 million during the quarter. As a group, sell-side analysts forecast that GB Group will post 17.0176437 earnings per share for the current fiscal year.

GB Group Company Profile

GBG is a global identity technology business, enabling safe and rewarding digital lives for genuine people, everywhere.

For over 30 years, we have combined global data with our innovative technology to make sure that genuine people everywhere can digitally prove who they are and where they live.

We are an essential ingredient that protects against digital crime, strengthens business resilience and drives responsible growth, at scale, across a diverse range of sectors. Today, our team of over 1,100 people serve more than 20,000 customers globally.