GB Group (LON:GBG) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

GB Group (LON:GBG)‘s stock had its “buy” rating restated by Deutsche Bank Aktiengesellschaft in a research note issued on Thursday, Digital Look reports. They presently have a GBX 345 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 138.26% from the company’s current price.

Other research analysts have also issued reports about the stock. Berenberg Bank lowered shares of GB Group to a “hold” rating and cut their target price for the stock from GBX 260 to GBX 190 in a research report on Wednesday, September 2nd. Canaccord Genuity Group lowered their price target on GB Group from GBX 365 to GBX 300 and set a “speculative buy” rating on the stock in a research report on Thursday, September 3rd. Finally, Jefferies Financial Group dropped their price target on GB Group from GBX 240 to GBX 210 and set a “buy” rating for the company in a research note on Wednesday, August 26th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 285.71.

GB Group Price Performance

GBG stock opened at GBX 144.80 on Thursday. The firm has a 50 day simple moving average of GBX 175.08 and a two-hundred day simple moving average of GBX 197.82. The stock has a market cap of £331.47 million, a PE ratio of -4.72, a P/E/G ratio of 173.40 and a beta of 0.02. GB Group has a one year low of GBX 144.80 and a one year high of GBX 265. The company has a debt-to-equity ratio of 23.89, a current ratio of 1.09 and a quick ratio of 0.74.

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.