Is GB Group plc a Buy? The Stock Rises Again

 Is GB Group plc a Buy? The Stock Rises Again

The stock of GB Group plc (LON:GBG) is a huge mover today! The stock increased 1.76% or GBX 4.25 on November 30, hitting GBX 245.75. About 209,373 shares traded hands. GB Group plc (LON:GBG) has declined 15.26% since May 2, 2016 and is downtrending. It has underperformed by 20.49% the S&P500.
The move comes after 6 months positive chart setup for the GBX 327.07 million company. It was reported on Nov, 30 by Barchart.com. We have GBX 260.50 PT which if reached, will make LON:GBG worth GBX 19.62 million more.

GB Group plc (LON:GBG) Ratings Coverage

Out of 4 analysts covering GB Group PLC (LON:GBG), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GB Group PLC has been the topic of 29 analyst reports since October 23, 2015 according to StockzIntelligence Inc. Peel Hunt maintained GB Group plc (LON:GBG) on Thursday, October 13 with “Buy” rating. The firm has “Buy” rating by Peel Hunt given on Thursday, August 25. The stock of GB Group plc (LON:GBG) earned “Buy” rating by FinnCap on Monday, November 21. FinnCap maintained the shares of GBG in a report on Wednesday, May 4 with “Buy” rating. The firm has “Buy” rating by Peel Hunt given on Tuesday, November 3. On Monday, August 15 the stock rating was maintained by FinnCap with “Buy”. FinnCap maintained the shares of GBG in a report on Wednesday, February 3 with “Buy” rating. The stock of GB Group plc (LON:GBG) earned “Buy” rating by FinnCap on Wednesday, May 18. The stock of GB Group plc (LON:GBG) earned “Buy” rating by Peel Hunt on Tuesday, December 1. The company was maintained on Tuesday, November 29 by FinnCap.

GB Group plc is engaged in the provision of identity data intelligence services. The company has a market cap of 327.07 million GBP. The Firm operates through two divisions: Identity Proofing division and Identity Solutions division. It has a 34.06 P/E ratio. The Identity Proofing division includes electronic Identification Verification services for combating ID fraud, money laundering and under-age gambling; ID Employ & Comply services for employee authentication and screening, and ID Fraud & Risk Management services.

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