GB Group plc (LON:GBG) has been assigned an average recommendation of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 630.25 ($8.29).
Several equities research analysts recently weighed in on the stock. Berenberg Bank lowered shares of GB Group to a “hold” rating and increased their price objective for the stock from GBX 670 ($8.81) to GBX 730 ($9.60) in a research note on Monday, January 13th. Peel Hunt reiterated a “buy” rating and issued a GBX 626 ($8.23) target price on shares of GB Group in a research report on Thursday, October 24th. Peel Hunt restated a “buy” rating on shares of GB Group in a research note on Monday. Finally, Jefferies Financial Group lowered shares of GB Group to a “hold” rating in a research note on Tuesday.
Shares of GBG opened at GBX 715 ($9.41) on Tuesday. GB Group has a twelve month low of GBX 411 ($5.41) and a twelve month high of GBX 806 ($10.60). The stock’s 50 day moving average is GBX 749.18 and its two-hundred day moving average is GBX 623.02. The firm has a market capitalization of $1.35 billion and a PE ratio of 85.12. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 24.57.
GB Group (LON:GBG) last issued its quarterly earnings data on Tuesday, November 26th. The company reported GBX 9 ($0.12) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 5.20 ($0.07) by GBX 3.80 ($0.05). On average, sell-side analysts predict that GB Group will post 1164.0000386 EPS for the current year.
In other GB Group news, insider David John Wilson sold 280,757 shares of the firm’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of GBX 710 ($9.34), for a total value of £1,993,374.70 ($2,622,171.40).
GB Group Company Profile
GB Group plc, together with its subsidiaries, provides identity data intelligence services in the United Kingdom, the United States, Australia, and internationally. It operates in two segments, Fraud, Risk & Compliance and Customer & Location Intelligence. The company offers ID verification services, which helps in verifying identities remotely without the physical presentation of documentation for combat ID fraud, money laundering, and restricting access to under-age content, purchases, and gambling; and ID employ and comply that provides background checks through an online verification and authentication of individuals.
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