GB Group (LON:GBG) Stock Rating Reaffirmed as “Buy” by Jefferies Financial Group

by · The Cerbat Gem

GB Group (LON:GBG – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at Jefferies Financial Group in a report released on Wednesday, Digital Look reports. They presently have a GBX 210 target price on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 35.14% from the company’s previous close.

A number of other equities analysts have also weighed in on the stock. Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 300 price target on shares of GB Group in a report on Tuesday. Berenberg Bank cut GB Group to a “hold” rating and reduced their target price for the company from GBX 260 to GBX 190 in a report on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 345 target price on shares of GB Group in a report on Thursday, October 1st. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, GB Group presently has an average rating of “Moderate Buy” and an average target price of GBX 252.

Read Our Latest Stock Report on GB Group

GB Group Price Performance

GB Group stock opened at GBX 155.40 on Wednesday. GB Group has a 1 year low of GBX 141.80 and a 1 year high of GBX 262.50. The firm has a 50 day moving average price of GBX 156.40 and a 200 day moving average price of GBX 193.88. The company has a market cap of £355.37 million, a price-to-earnings ratio of -5.06, a PEG ratio of 173.40 and a beta of 0.02. The company has a debt-to-equity ratio of 23.89, a quick ratio of 0.74 and a current ratio of 1.09.

About GB Group

(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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