Morses Club PLC (MCL) PT Raised to GBX 165
Morses Club PLC (LON:MCL) had its price target upped by research analysts at Beaufort Securities from GBX 155 ($2.06) to GBX 165 ($2.19) in a report issued on Thursday. The firm presently has a “buy” rating on the stock. Beaufort Securities’ target price suggests a potential upside of 17.86% from the stock’s current price.
Several other equities analysts also recently weighed in on MCL. Shore Capital reissued a “hold” rating on shares of Morses Club PLC in a research report on Tuesday, June 20th. Numis Securities Ltd cut their target price on Morses Club PLC from GBX 149 ($1.98) to GBX 138 ($1.83) and set an “add” rating on the stock in a research report on Monday, July 3rd.
Shares of Morses Club PLC (MCL) opened at 140.00 on Thursday. The stock’s market cap is GBX 181.30 million. Morses Club PLC has a 52 week low of GBX 100.81 and a 52 week high of GBX 163.42. The firm has a 50-day moving average price of GBX 139.54 and a 200 day moving average price of GBX 128.88.
About Morses Club PLC
Morses Club PLC is a United Kingdom-based home collected credit (HCC) lender. The Company is a consumer finance business focused on the home collected credit market. The Company operates under the Morses Club brand and provides unsecured loans to customers over 20-78 week periods, which are repayable on a weekly basis.
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