GB Group plc 36.8% potential upside indicated by Canaccord Genuity

GB Group plc with ticker (LON:GBG) now has a potential upside of 36.8% according to Canaccord Genuity.



Canaccord Genuity set a target price of 375 GBX for the company, which when compared to the GB Group plc share price of 274 GBX at opening today (29/12/2023) indicates a potential upside of 36.8%. Trading has ranged between 203 (52 week low) and 381 (52 week high) with an average of 511,048 shares exchanging hands daily. The market capitalisation at the time of writing is £692,062,624.

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.