Today, FinnCap Reaffirmed “Buy” Rating for GB Group plc (GBG)

Today, FinnCap Reaffirmed “Buy” Rating for GB Group plc (GBG)

GB Group plc (LON:GBG)‘s stock had its “buy” rating reaffirmed by equities researchers at FinnCap in a research note issued to investors on Tuesday. They currently have a GBX 350 ($4.34) target price on the stock. FinnCap’s price objective would suggest a potential upside of 49.60% from the company’s current price.

Other analysts also recently issued reports about the company. Peel Hunt reissued a “buy” rating and issued a GBX 340 ($4.22) price objective on shares of GB Group plc in a research note on Tuesday. Citigroup Inc. assumed coverage on GB Group plc in a research note on Tuesday, September 13th. They issued a “buy” rating and a GBX 400 ($4.96) price objective for the company.

Shares of GB Group plc (LON:GBG) opened at 231.00 on Tuesday. GB Group plc has a 1-year low of GBX 205.76 and a 1-year high of GBX 357.00. The company’s market capitalization is GBX 286.18 million. The company has a 50-day moving average price of GBX 256.51 and a 200 day moving average price of GBX 290.90.

In related news, insider David John Wilson sold 5,000 shares of the stock in a transaction that occurred on Monday, September 26th. The stock was sold at an average price of GBX 348 ($4.32), for a total transaction of £17,400 ($21,585.41). Also, insider Law,Richard Anthony purchased 3,984 shares of the firm’s stock in a transaction that occurred on Thursday, September 8th. The shares were acquired at an average cost of GBX 77 ($0.96) per share, with a total value of £3,067.68 ($3,805.58).

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