Deutsche Bank Aktiengesellschaft Reiterates Buy Rating for GB Group (LON:GBG)

GB Group (LON:GBG)‘s stock had its “buy” rating reissued by analysts at Deutsche Bank Aktiengesellschaft in a report issued on Wednesday,Digital Look reports. They currently have a GBX 415 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 106.47% from the stock’s previous close.

GBG has been the subject of a number of other reports. Canaccord Genuity Group decreased their price objective on GB Group from GBX 400 to GBX 365 and set a “buy” rating for the company in a report on Wednesday. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 290 target price on shares of GB Group in a report on Thursday, April 23rd. Shore Capital Group reaffirmed a “buy” rating on shares of GB Group in a report on Wednesday, April 22nd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 265 target price on shares of GB Group in a report on Wednesday, April 22nd. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 337.50.

GB Group Stock Performance

Shares of GBG opened at GBX 201 on Wednesday. The company has a debt-to-equity ratio of 16.35, a quick ratio of 0.74 and a current ratio of 1.07. The stock has a 50 day moving average price of GBX 213.28 and a two-hundred day moving average price of GBX 224.43. The firm has a market capitalization of £466.24 million, a P/E ratio of 55.83, a P/E/G ratio of 173.40 and a beta of 0.00. GB Group has a 52 week low of GBX 185.05 and a 52 week high of GBX 285.

GB Group (LON:GBG) last issued its quarterly earnings data on Tuesday, June 2nd. The company reported GBX 19.20 EPS for the quarter. The firm had revenue of £285.04 million during the quarter. GB Group had a return on equity of 1.53% and a net margin of 3.22%. Equities analysts forecast that GB Group will post 17.0176437 earnings per share for the current fiscal year.

About GB Group

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.