Peel Hunt Reaffirm “Buy” Rating for GB Group plc (GBG)

Peel Hunt Reaffirm “Buy” Rating for GB Group plc (GBG)

GB Group plc (LON:GBG)‘s stock had its “buy” rating restated by analysts at Peel Hunt in a research note issued on Thursday. They presently have a GBX 340 ($4.21) price target on the stock. Peel Hunt’s target price suggests a potential upside of 44.99% from the stock’s previous close.

GBG has been the topic of several other reports. FinnCap reissued a “buy” rating and set a GBX 350 ($4.34) price objective on shares of GB Group plc in a research note on Monday, August 15th. Citigroup Inc. assumed coverage on GB Group plc in a research note on Tuesday, September 13th. They set a “buy” rating and a GBX 400 ($4.95) price objective on the stock.

GB Group plc (LON:GBG) traded up 0.000000% on Thursday, hitting GBX 235.102753. The stock had a trading volume of 356,424 shares. GB Group plc has a 1-year low of GBX 205.76 and a 1-year high of GBX 357.00. The firm’s market capitalization is GBX 291.26 million. The stock’s 50-day moving average is GBX 289.38 and its 200 day moving average is GBX 295.03.


In other news, insider David John Wilson sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, September 26th. The stock was sold at an average price of GBX 348 ($4.31), for a total transaction of £17,400 ($21,553.33). Also, insider Law,Richard Anthony bought 3,984 shares of the business’s stock in a transaction dated Thursday, September 8th. The shares were acquired at an average cost of GBX 77 ($0.95) per share, for a total transaction of £3,067.68 ($3,799.93).

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