GB Group (LON:GBG) Stock Price Target Lowered at Deutsche Bank Aktiengesellschaft

GB Group (LON:GBG – Get Free Report) had its target price lowered by Deutsche Bank Aktiengesellschaft from GBX 345 to GBX 157 in a note issued to investors on Wednesday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 1.03% from the stock’s current price.

GBG has been the subject of several other research reports. Berenberg Bank lowered shares of GB Group to a “hold” rating and dropped their price target for the stock from GBX 260 to GBX 190 in a research report on Wednesday, September 2nd. Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 300 price objective on shares of GB Group in a research note on Tuesday. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 210 target price on shares of GB Group in a report on Wednesday. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 252.

Read Our Latest Analysis on GBG

GB Group Price Performance

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

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.

Further Reading

Analyst Recommendations for GB Group (LON:GBG)

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