Mortgage Advice Bureau (Holdings) PLC’s (MAB1) “Buy” Rating Reiterated at Canaccord Genuity
Canaccord Genuity reaffirmed their buy rating on shares of Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) in a research report report published on Thursday morning. They currently have a GBX 366 ($4.52) target price on the stock.
Several other brokerages also recently issued reports on MAB1. Shore Capital restated a buy rating on shares of Mortgage Advice Bureau (Holdings) PLC in a report on Friday, January 27th. FinnCap restated a buy rating and issued a GBX 420 ($5.19) price target on shares of Mortgage Advice Bureau (Holdings) PLC in a report on Friday, January 27th.
Shares of Mortgage Advice Bureau (LON:MAB1) opened at 361.9375 on Thursday. Mortgage Advice Bureau has a 12-month low of GBX 195.00 and a 12-month high of GBX 418.03. The firm’s market capitalization is GBX 182.64 million. The company has a 50-day moving average price of GBX 365.15 and a 200 day moving average price of GBX 338.99.
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The company also recently disclosed a dividend, which was paid on Friday, March 3rd. Investors of record on Thursday, February 9th were issued a dividend of GBX 1.10 ($0.01) per share. The ex-dividend date was Thursday, February 9th. This represents a dividend yield of 0.29%.
In other news, insider Lucy Tilley acquired 80 shares of the firm’s stock in a transaction that occurred on Monday, January 16th. The stock was acquired at an average cost of GBX 369 ($4.56) per share, for a total transaction of £295.20 ($364.58). Also, insider Richard Verdin acquired 348 shares of the firm’s stock in a transaction that occurred on Friday, December 23rd. The shares were purchased at an average price of GBX 340 ($4.20) per share, with a total value of £1,183.20 ($1,461.28). Over the last quarter, insiders have purchased 1,303 shares of company stock valued at $471,647.
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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