Morses Club (MCL) Earns Buy Rating from Analysts at Peel Hunt
Investment analysts at Peel Hunt assumed coverage on shares of Morses Club (LON:MCL) in a research report issued to clients and investors on Wednesday. The brokerage set a “buy” rating and a GBX 165 ($2.28) price target on the stock. Peel Hunt’s price target would indicate a potential upside of 32.00% from the company’s previous close.
MCL has been the topic of a number of other research reports. Shore Capital reissued a “buy” rating on shares of Morses Club in a report on Tuesday, December 5th. FinnCap reissued a “corporate” rating and issued a GBX 175 ($2.42) price target on shares of Morses Club in a report on Wednesday, January 31st. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 158.60 ($2.19).
Morses Club (MCL) opened at GBX 125 ($1.73) on Wednesday. Morses Club has a twelve month low of GBX 105 ($1.45) and a twelve month high of GBX 161.25 ($2.23). The company has a market cap of $161.88 and a price-to-earnings ratio of 1,562.50.
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Morses Club Company Profile
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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