GB Group plc 14.5% potential upside indicated by Jefferies

GB Group plc with ticker (LON:GBG) now has a potential upside of 14.5% according to Jefferies.

GBG.L

Jefferies set a target price of 395 GBX for the company, which when compared to the GB Group plc share price of 345 GBX at opening today (01/07/2024) indicates a potential upside of 14.5%. Trading has ranged between 203 (52 week low) and 357 (52 week high) with an average of 698,478 shares exchanging hands daily. The market capitalisation at the time of writing is £858,117,480.

GB Group plc is a United Kingdom-based company, which 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. The location segment includes address lookup, verification and capture; e-mail validation; phone verification, and data maintenance services. The identity segment includes document verification, data verification and identity investigation services. Its identity verification solutions can be configured to carry out a wide range of functions, including know your customer checks, anti-money laundering checks, age verification checks and liveness detection. The fraud segment includes transaction fraud monitoring, combating origination fraud and in-life fraud investigation services. It provides artificial intelligence powered screening for automatic onboarding or referral of customers.