Mortgage Advice Bureau (Holdings) PLC (MAB1) Receives Buy Rating from FinnCap
FinnCap restated their buy rating on shares of Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) in a research note issued to investors on Wednesday morning. FinnCap currently has a GBX 420 ($5.48) price objective on the stock.
Separately, Canaccord Genuity reaffirmed a buy rating and set a GBX 420 ($5.48) price target on shares of Mortgage Advice Bureau (Holdings) PLC in a research report on Wednesday, June 29th.
Shares of Mortgage Advice Bureau (LON:MAB1) opened at 320.00 on Wednesday. Mortgage Advice Bureau has a 12-month low of GBX 195.00 and a 12-month high of GBX 418.02. The company’s market cap is GBX 161.48 million. The firm has a 50 day moving average price of GBX 300.24 and a 200-day moving average price of GBX 314.15.
The company also recently declared a dividend, which will be paid on Friday, October 28th. Stockholders of record on Thursday, October 6th will be given a dividend of GBX 7.80 ($0.10) per share. This represents a dividend yield of 2.44%. The ex-dividend date is Thursday, October 6th. This is a positive change from Mortgage Advice Bureau (Holdings) PLC’s previous dividend of $4.25.
In other Mortgage Advice Bureau (Holdings) PLC news, insider Verdin ,Richard purchased 416 shares of the company’s stock in a transaction on Friday, July 29th. The stock was acquired at an average price of GBX 285 ($3.72) per share, for a total transaction of £1,185.60 ($1,547.58). Also, insider Tilley,Lucy purchased 128 shares of the company’s stock in a transaction on Thursday, July 14th. The stock was acquired at an average price of GBX 235 ($3.07) per share, with a total value of £300.80 ($392.64).
About Mortgage Advice Bureau (Holdings) PLC
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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