Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
GB Group plc ( (GB:GBG) ) has issued an update.
GB Group PLC announced that the total number of voting rights in its ordinary shares is 248,642,815 as of the date of the notice. This information is crucial for shareholders to determine their notification requirements under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:GBG) stock is a Buy with a £3.90 price target. To see the full list of analyst forecasts on GB Group plc stock, see the GB:GBG Stock Forecast page.
Spark’s Take on GB:GBG Stock
According to Spark, TipRanks’ AI Analyst, GB:GBG is a Neutral.
GB Group plc’s overall stock score of 64 reflects a solid financial performance with strong cash flow and improving profitability. However, the technical analysis indicates a lack of momentum, and the stock appears overvalued based on its P/E ratio. Positive corporate events, including share buybacks and strategic transitions, provide support for future growth potential.
To see Spark’s full report on GB:GBG stock, click here.
More about GB Group plc
Average Trading Volume: 1,326,307
Technical Sentiment Signal: Sell
Current Market Cap: £562.7M
Learn more about GBG stock on TipRanks’ Stock Analysis page.