GB Group plc (LON:GBG) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of GB Group plc (LON:GBG) have received a consensus rating of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 332.50.

Several equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 415 price target on shares of GB Group in a research report on Wednesday, June 3rd. Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 265 price target on shares of GB Group in a research note on Wednesday, April 22nd. Berenberg Bank reduced their price target on GB Group from GBX 290 to GBX 260 and set a “buy” rating on the stock in a research note on Thursday, June 4th. Shore Capital Group reaffirmed a “buy” rating on shares of GB Group in a research note on Wednesday, April 22nd. Finally, Canaccord Genuity Group reduced their price target on GB Group from GBX 400 to GBX 365 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd.

GB Group Price Performance

Shares of LON GBG opened at GBX 203 on Wednesday. GB Group has a 1 year low of GBX 185.05 and a 1 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. The company’s 50-day moving average is GBX 214.02 and its 200 day moving average is GBX 223.05. The stock has a market capitalization of £468.86 million, a P/E ratio of -6.61, a P/E/G ratio of 173.40 and a beta of 0.02.

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

Insiders Place Their Bets

In other GB Group news, insider David ward acquired 12,000 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were acquired at an average price of GBX 196 per share, for a total transaction of £23,520. 1.60% of the stock is currently owned by insiders.

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.