GB Group plc 10.6% potential upside indicated by Jefferies

GB Group plc with ticker (LON:GBG) now has a potential upside of 10.6% according to Jefferies.



Jefferies set a target price of 285 GBX for the company, which when compared to the GB Group plc share price of 258 GBX at opening today (21/06/2023) indicates a potential upside of 10.6%. Trading has ranged between 246 (52 week low) and 659 (52 week high) with an average of 909,696 shares exchanging hands daily. The market capitalisation at the time of writing is £655,513,119.

GB Group plc is United Kingdom-based company engaged in developing and delivering digital identity, address verification, fraud prevention and compliance software to businesses globally. The Company provides identity data intelligence products and services helping organizations recognize and verify all elements of an individual’s identity at key interactions in their business processes. The Company’s segments include Location, Identity and Fraud. Its Location segment provides address verification, real-time address lookup, validation and data enhancement and maintenance solutions. Its Identity segment offers fully configurable digital identity verification solutions that build relationships with brands, through document and data verification. Its Fraud segment protects businesses and brand reputations while reducing losses from financial crime, and its end-to-end fraud and compliance solutions deliver real-time protection and regulatory compliance.