Trade Report: Today, GB Group plc’s (GBG) “Buy” Rating Reiterate at Peel Hunt

Today, GB Group plc’s (GBG) “Buy” Rating Reiterate at Peel Hunt

GB Group plc (LON:GBG)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a note issued to investors on Tuesday. They currently have a GBX 340 ($4.22) price target on the stock. Peel Hunt’s target price indicates a potential upside of 45.33% from the stock’s previous close.

Several other research analysts also recently commented on GBG. FinnCap reaffirmed a “buy” rating and issued a GBX 350 ($4.34) price objective on shares of GB Group plc in a report on Monday, August 15th. Citigroup Inc. assumed coverage on shares of GB Group plc in a report 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 230.00 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 cap is GBX 284.94 million. The firm’s 50 day moving average is GBX 256.51 and its 200-day moving average is GBX 290.90.

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

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