Morses Club PLC’s (MCL) Buy Rating Reiterated at Beaufort Securities
Morses Club PLC (LON:MCL)‘s stock had its “buy” rating reissued by stock analysts at Beaufort Securities in a research note issued to investors on Friday.
A number of other equities research analysts have also issued reports on MCL. Numis Securities Ltd initiated coverage on Morses Club PLC in a research report on Tuesday, July 5th. They set a “buy” rating and a GBX 118 ($1.54) target price on the stock. Panmure Gordon reaffirmed a “buy” rating and set a GBX 125 ($1.63) target price on shares of Morses Club PLC in a research report on Friday, July 8th.
Shares of Morses Club PLC (LON:MCL) traded up 5.00% during midday trading on Friday, hitting GBX 126.00. The company had a trading volume of 47,625 shares. The firm’s market cap is GBX 163.17 million. Morses Club PLC has a one year low of GBX 84.00 and a one year high of GBX 128.40. The company’s 50 day moving average is GBX 111.86 and its 200 day moving average is GBX 102.93.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/07/morses-club-plcs-mcl-buy-rating-reiterated-at-beaufort-securities.html
The firm also recently declared a dividend, which will be paid on Friday, November 18th. Stockholders of record on Thursday, October 20th will be issued a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date of this dividend is Thursday, October 20th. This represents a dividend yield of 1.75%.
Morses Club PLC Company Profile
Morses Club PLC is a United Kingdom-based non-standard consumer finance company. The Company is focused on the home collected credit market. The Company markets a range of loan products through a combination of traditional and online marketing channels. The Company is focused on the home collected credit market.
Receive News & Ratings for Morses Club PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morses Club PLC and related companies with MarketBeat.com's FREE daily email newsletter.