A number of other research analysts have also commented on GBG. Canaccord Genuity lowered GB Group to a hold rating and upped their price target for the company from GBX 430 ($5.62) to GBX 485 ($6.34) in a research report on Friday, February 1st. Berenberg Bank reaffirmed a buy rating on shares of GB Group in a research report on Monday, October 29th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. GB Group has a consensus rating of Buy and a consensus target price of GBX 584.20 ($7.63).
GBG stock traded up GBX 5.50 ($0.07) during trading on Monday, hitting GBX 495 ($6.47). 327,549 shares of the company traded hands, compared to its average volume of 194,592. GB Group has a 1 year low of GBX 270 ($3.53) and a 1 year high of GBX 458.25 ($5.99).
In other GB Group news, insider David A. Rasche purchased 48,780 shares of the stock in a transaction on Tuesday, February 12th. The stock was acquired at an average price of GBX 410 ($5.36) per share, with a total value of £199,998 ($261,332.81).
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 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.
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