GB Group plc (GBG) Sets New 1-Year High at $440.00

GB Group plc (LON:GBG)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 440 ($5.81) and last traded at GBX 437.75 ($5.78), with a volume of 142,927 shares. The stock had previously closed at GBX 430 ($5.67).

GBG has been the topic of a number of research reports. Peel Hunt reiterated a “buy” rating and set a GBX 467 ($6.16) target price on shares of GB Group plc in a report on Monday, September 4th. Canaccord Genuity restated a “buy” rating and issued a GBX 430 ($5.67) price objective on shares of GB Group plc in a report on Tuesday, October 24th. Finally, FinnCap restated a “buy” rating and issued a GBX 425 ($5.61) price objective on shares of GB Group plc in a report on Tuesday, July 25th. Six investment analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of GBX 418.67 ($5.52).

The stock’s market cap is GBX 589.66 million. The firm’s 50 day moving average price is GBX 378.49 and its 200 day moving average price is GBX 369.53.

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About GB Group plc

GB Group plc (GBG) is a global specialist in identity data intelligence. Its segments include Identity Proofing division and Identity Solutions division. The Identity Proofing division provides Identification (ID) Verification, ID Employ and Comply services and ID Fraud and Risk Management Services. It also includes the operations of ID Scan Biometrics Ltd, a provider of software that automates on-boarding of customers and employees by simplifying the identity verification and data capture process.

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