GB Group’s (GBG) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of GB Group (LON:GBG) in a research note issued to investors on Wednesday morning,Digital Look reports. They currently have a GBX 210 price target on the stock.

Several other analysts also recently issued reports on GBG. Canaccord Genuity Group reaffirmed 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 lowered their price target for the company from GBX 260 to GBX 190 in a report on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 345 price objective on shares of GB Group in a research note on Thursday, October 1st. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, GB Group has an average rating of “Moderate Buy” and an average price target of GBX 249.50.

GB Group Price Performance

Shares of LON:GBG opened at GBX 155 on Wednesday. The business’s 50 day simple moving average is GBX 153.34 and its 200-day simple moving average is GBX 192.93. 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 firm has a market capitalization of £354.46 million, a price-to-earnings ratio of -5.05, a price-to-earnings-growth ratio of 173.40 and a beta of 0.02. GB Group has a 12 month low of GBX 141.80 and a 12 month high of GBX 262.50.

About GB Group

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.