Mortgage Advice Bureau (Holdings) PLC (MAB1) Earns Buy Rating from Canaccord Genuity
Mortgage Advice Bureau (Holdings) PLC (LON:MAB1)‘s stock had its “buy” rating reiterated by stock analysts at Canaccord Genuity in a report issued on Wednesday. They currently have a GBX 420 ($5.48) price objective on the stock. Canaccord Genuity’s target price would indicate a potential upside of 42.37% from the company’s previous close.
Separately, FinnCap reaffirmed a “buy” rating on shares of Mortgage Advice Bureau (Holdings) PLC in a research note on Wednesday.
Shares of Mortgage Advice Bureau (LON:MAB1) traded up 7.70% during trading on Wednesday, reaching GBX 317.72. 994,777 shares of the company traded hands. The firm’s 50 day moving average price is GBX 298.95 and its 200-day moving average price is GBX 314.24. Mortgage Advice Bureau has a 52 week low of GBX 195.00 and a 52 week high of GBX 418.02. The company’s market capitalization is GBX 160.32 million.
In other news, insider Tilley,Lucy purchased 96 shares of the company’s stock in a transaction dated Wednesday, September 14th. The stock was acquired at an average price of GBX 311 ($4.06) per share, with a total value of £298.56 ($389.71). Also, insider Verdin ,Richard purchased 474 shares of the company’s stock in a transaction dated Thursday, June 30th. The stock was purchased at an average cost of GBX 250 ($3.26) per share, with a total value of £1,185 ($1,546.80).
Mortgage Advice Bureau (Holdings) PLC Company Profile
Mortgage Advice Bureau (Holdings) plc is a United Kingdom-based non-trading holding company. The Company, along with its subsidiaries, is engaged in the provision of financial services, including the provision of mortgage advice, and advice on protection and general insurance products. The Company’s network offers advice on over 12,000 residential and buy-to-let mortgage products, including those that are available through mortgage intermediaries.
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