GB Group (LON:GBG) Earns Buy Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of GB Group (LON:GBG) in a research report released on Monday, March 26th. The firm currently has a GBX 515 ($7.37) target price on the stock.

LON:GBG traded down GBX 8 ($0.11) during trading on Monday, reaching GBX 411 ($5.88). The company’s stock had a trading volume of 285,205 shares, compared to its average volume of 194,592. The company has a market capitalization of $642.70 and a PE ratio of 4,483.33. GB Group has a 12 month low of GBX 270 ($3.87) and a 12 month high of GBX 458.25 ($6.56).

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In other GB Group news, insider Nick Brown sold 13,560 shares of the company’s stock in a transaction on Monday, March 5th. The stock was sold at an average price of GBX 407 ($5.83), for a total value of £55,189.20 ($79,022.34).

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About GB Group

GB Group plc, together with its subsidiaries, provides identity data intelligence services in the United Kingdom, the United States, Australia, and internationally. It operates through two segments, Identity Proofing and Identity Solutions. The company's solutions include ID verification, which helps in verifying consumers' identities remotely, without the physical presentation of documentation, in order to combat ID fraud, money laundering, and restricting access to under-age content, purchases, and gambling; and ID employ and comply that provides background checks through online verification and authentication of individuals.

Analyst Recommendations for GB Group (LON:GBG)

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