GB Group (LON:GBG – Get Free Report) had its price target decreased by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 345 to GBX 157 in a report issued on Wednesday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 1.03% from the stock’s previous close.
Several other equities research analysts have also recently commented on the stock. Berenberg Bank cut shares of GB Group to a “hold” rating and lowered their price target for the stock from GBX 260 to GBX 190 in a research report on Wednesday, September 2nd. Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 300 price target on shares of GB Group in a research report on Tuesday. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 210 target price on shares of GB Group in a research note on Wednesday. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, GB Group presently has an average rating of “Moderate Buy” and an average price target of GBX 252.
Check Out Our Latest Analysis on GB Group
GB Group Stock Down 1.0%
LON GBG opened at GBX 155.40 on Wednesday. The stock has a fifty day moving average of GBX 156.40 and a 200-day moving average of GBX 193.88. The stock has a market capitalization of £355.37 million, a P/E ratio of -5.06, a price-to-earnings-growth ratio of 173.40 and a beta of 0.02. GB Group has a 52 week low of GBX 141.80 and a 52 week high of GBX 262.50. 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
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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