GB Group’s (GBG) Buy Rating Reaffirmed at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of GB Group (LON:GBG) in a report published on Monday. The firm currently has a GBX 515 ($6.93) price target on the stock.

A number of other research firms have also weighed in on GBG. Canaccord Genuity reaffirmed a buy rating and set a GBX 430 ($5.79) price objective on shares of GB Group in a research report on Tuesday, October 24th. FinnCap reaffirmed a buy rating and set a GBX 450 ($6.06) price objective on shares of GB Group in a research report on Thursday, November 9th. Six equities research analysts have rated the stock with a buy rating, The company has an average rating of Buy and an average target price of GBX 426.67 ($5.74).

GB Group (LON GBG) opened at GBX 435.20 ($5.86) on Monday. GB Group has a 52 week low of GBX 260.75 ($3.51) and a 52 week high of GBX 458.25 ($6.17).

In related news, insider David John Wilson sold 100,000 shares of the 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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