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An update from GB Group plc ( (GB:GBG) ) is now available.
GB Group PLC has announced the total number of voting rights in its ordinary shares, amounting to 247,582,042, with no shares held in treasury. 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 Hold with a £238.00 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 is driven primarily by its strong financial performance, particularly in cash flow and profitability improvements. However, technical analysis indicates bearish trends, and the high P/E ratio suggests overvaluation, limiting upside potential. Corporate events, including share buybacks and strategic market transitions, positively impact the score by enhancing shareholder value and market positioning.
To see Spark’s full report on GB:GBG stock, click here.
More about GB Group plc
Average Trading Volume: 1,331,093
Technical Sentiment Signal: Sell
Current Market Cap: £551.5M
Learn more about GBG stock on TipRanks’ Stock Analysis page.