Morses Club (MCL) Given Consensus Rating of “Buy” by Analysts

Shares of Morses Club (LON:MCL) have received a consensus recommendation of “Buy” from the six analysts that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 158.60 ($2.24).

Several analysts have recently issued reports on the stock. FinnCap restated a “corporate” rating and set a GBX 175 ($2.47) target price on shares of Morses Club in a research report on Wednesday, January 31st. Shore Capital restated a “buy” rating on shares of Morses Club in a research report on Wednesday, January 31st. Finally, Peel Hunt restated a “buy” rating and set a GBX 165 ($2.33) target price on shares of Morses Club in a research report on Thursday, March 1st.

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MCL stock traded up GBX 0.75 ($0.01) during mid-day trading on Thursday, hitting GBX 129 ($1.82). The company had a trading volume of 635 shares, compared to its average volume of 65,298. Morses Club has a 12-month low of GBX 105 ($1.48) and a 12-month high of GBX 161.25 ($2.28).



In other news, insider Peter Ward sold 18,361,360 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of GBX 130 ($1.84), for a total transaction of £23,869,768 ($33,738,187.99).

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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.

Analyst Recommendations for Morses Club (LON:MCL)

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