GB Group plc (GBG) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of GB Group plc (LON:GBG) have been assigned a consensus recommendation of “Buy” from the six ratings firms that are covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 426.67 ($5.74).

GBG has been the topic of several research analyst reports. Peel Hunt reissued a “buy” rating and set a GBX 467 ($6.29) target price on shares of GB Group in a research note on Tuesday, October 24th. FinnCap reissued a “buy” rating and set a GBX 450 ($6.06) target price on shares of GB Group in a research note on Thursday, November 9th. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 430 ($5.79) target price on shares of GB Group in a research note on Tuesday, October 24th.

GB Group (LON:GBG) opened at GBX 428.53 ($5.77) on Thursday. GB Group has a 12 month low of GBX 260.75 ($3.51) and a 12 month high of GBX 458.25 ($6.17).

In related news, insider David John Wilson sold 100,000 shares of the company’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of GBX 425 ($5.72), for a total value of £425,000 ($572,005.38).

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GB Group Company Profile

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.

Analyst Recommendations for GB Group (LON:GBG)

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