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GB Group plc 21.7% Potential Upside Indicated by Berenberg

GB Group plc using EPIC/TICKER code (LON:GBG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. GB Group plc are listed in the Technology sector within AIM. Berenberg have set a target price of 650 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 21.7% from the opening price of 534 GBX. Over the last 30 and 90 trading days the company share price has decreased 37 points and decreased 32 points respectively. The 52 week high for the stock is 636 GBX while the year low share price is currently 375.25 GBX.

GB Group plc has a 50 day moving average of 586.69 GBX and a 200 Day Moving Average share price is recorded at 519.68. There are currently 153,113,542 shares in issue with the average daily volume traded being 242,470. Market capitalisation for LON:GBG is £800,087,158 GBP.