Jefferies Financial Group Reaffirms Hold Rating for GB Group (LON:GBG)

Jefferies Financial Group reaffirmed their hold rating on shares of GB Group (LON:GBG) in a report released on Tuesday, ThisIsMoney.Co.Uk reports.

Several other equities research analysts have also weighed in on GBG. Peel Hunt reiterated a buy rating on shares of GB Group in a research note on Monday. Citigroup restated a neutral rating on shares of GB Group in a research note on Wednesday, April 29th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. GB Group has an average rating of Hold and an average target price of GBX 716.75 ($8.82).

GBG opened at GBX 672 ($8.27) on Tuesday. The firm has a market cap of $1.31 billion and a price-to-earnings ratio of 80.12. GB Group has a fifty-two week low of GBX 465 ($5.72) and a fifty-two week high of GBX 806 ($9.92). The company’s 50-day moving average price is GBX 681.82 and its 200 day moving average price is GBX 679.56. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 24.57.

GB Group Company Profile

GB Group plc, together with its subsidiaries, provides identity data intelligence services in the United Kingdom, the United States, Australia, and internationally. It operates in two segments, Fraud, Risk & Compliance and Customer & Location Intelligence. The company offers ID verification services, which helps in verifying identities remotely without the physical presentation of documentation for 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 an online verification and authentication of individuals.

Further Reading: Market Timing

Analyst Recommendations for GB Group (LON:GBG)

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