GB Group’s (GBG) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of GB Group (LON:GBG – Free Report) in a report issued on Thursday morning,Digital Look reports. They currently have a GBX 345 price objective on the stock.

Other equities analysts have also issued reports about the stock. Berenberg Bank lowered shares of GB Group to a “hold” rating and decreased their price objective for the company from GBX 260 to GBX 190 in a research report on Wednesday, September 2nd. Canaccord Genuity Group dropped their target price on shares of 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 cut their price target on shares of GB Group from GBX 240 to GBX 210 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, GB Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 285.71.

Read Our Latest Analysis on GB Group

GB Group Price Performance

Shares of LON:GBG opened at GBX 144.80 on Thursday. The firm’s 50 day moving average price is GBX 175.08 and its 200-day moving average price is GBX 197.82. 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 twelve month low of GBX 144.80 and a twelve month high of GBX 265. The stock has a market capitalization of £331.47 million, a PE ratio of -4.72, a price-to-earnings-growth ratio of 173.40 and a beta of 0.02.

GB Group Company Profile

(Get Free Report)

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.

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Analyst Recommendations for GB Group (LON:GBG)

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