Mortgage Advice Bureau’s (MAB1) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Mortgage Advice Bureau (LON:MAB1) in a research note published on Thursday morning, MarketBeat Ratings reports. The brokerage currently has a GBX 1,150 price objective on the stock.

Mortgage Advice Bureau Stock Performance

Shares of MAB1 stock opened at GBX 714 on Thursday. Mortgage Advice Bureau has a 1 year low of GBX 615.20 and a 1 year high of GBX 924. The firm has a market cap of £414.28 million, a price-to-earnings ratio of 21.83, a PEG ratio of 0.81 and a beta of 1.14. The stock’s 50-day moving average is GBX 685.31 and its two-hundred day moving average is GBX 718.46.

Mortgage Advice Bureau Company Profile

MAB is one of the UK’s leading consumer intermediary brands and specialist networks for mortgage advisers.

Through its partner firms known as Appointed Representatives (ARs), MAB has approximately 2,000 advisers providing expert advice to customers on a range of mortgage, specialist lending, protection, and general insurance products. MAB supports its AR firms with proprietary technology and services, including adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.