Morses Club (MCL) Rating Reiterated by Shore Capital
Morses Club (LON:MCL)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital in a research report issued on Tuesday.
MCL has been the topic of a number of other research reports. FinnCap assumed coverage on Morses Club in a research report on Tuesday, October 31st. They issued a “corporate” rating and a GBX 175 ($2.36) price target on the stock. Beaufort Securities boosted their price objective on Morses Club from GBX 155 ($2.09) to GBX 165 ($2.22) and gave the stock a “buy” rating in a report on Thursday, October 5th. Finally, Numis Securities reaffirmed an “add” rating and issued a GBX 138 ($1.86) target price on shares of Morses Club in a report on Friday, August 18th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Morses Club currently has a consensus rating of “Buy” and a consensus price target of GBX 157 ($2.11).
Morses Club (LON MCL) opened at GBX 135 ($1.82) on Tuesday. Morses Club has a 52 week low of GBX 101.22 ($1.36) and a 52 week high of GBX 161.25 ($2.17).
In related news, insider Patrick Storey bought 23,148 shares of the stock in a transaction dated Monday, December 4th. The stock was acquired at an average price of GBX 135 ($1.82) per share, for a total transaction of £31,249.80 ($42,058.95).
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About Morses Club
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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