FinnCap reaffirmed their buy rating on shares of GB Group plc (LON:GBG) in a research note published on Tuesday, July 25th. The firm currently has a GBX 425 ($5.53) price target on the stock.
Other equities analysts also recently issued research reports about the stock. Peel Hunt reissued a buy rating and set a GBX 467 ($6.08) price target on shares of GB Group plc in a report on Friday, June 30th. Citigroup Inc. reissued a buy rating and set a GBX 455 ($5.93) price target on shares of GB Group plc in a report on Wednesday, June 7th. Finally, Canaccord Genuity boosted their price target on shares of GB Group plc from GBX 415 ($5.40) to GBX 430 ($5.60) and gave the company a buy rating in a report on Tuesday, June 6th. Six investment analysts have rated the stock with a buy rating, GB Group plc presently has an average rating of Buy and an average price target of GBX 414.50 ($5.40).
Shares of GB Group plc (LON:GBG) traded up 0.67% during trading on Tuesday, reaching GBX 373.00. 51,003 shares of the company’s stock were exchanged. The stock’s market capitalization is GBX 568.62 million. GB Group plc has a 52 week low of GBX 205.76 and a 52 week high of GBX 414.00. The company’s 50-day moving average is GBX 356.99 and its 200 day moving average is GBX 336.13.
The business also recently disclosed a dividend, which will be paid on Friday, August 25th. Investors of record on Thursday, July 20th will be issued a GBX 2.35 ($0.03) dividend. The ex-dividend date is Thursday, July 20th. This represents a yield of 0.62%. This is an increase from GB Group plc’s previous dividend of $2.08.
In related news, insider David John Wilson acquired 30,000 shares of GB Group plc stock in a transaction that occurred on Tuesday, June 6th. The stock was acquired at an average price of GBX 411 ($5.35) per share, with a total value of £123,300 ($160,567.78). Also, insider David A. Rasche acquired 14,695 shares of GB Group plc stock in a transaction that occurred on Thursday, July 13th. The stock was bought at an average cost of GBX 339 ($4.41) per share, with a total value of £49,816.05 ($64,873.10).
GB Group plc 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.
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