Morses Club PLC (MCL) Price Target Raised to GBX 165 at Beaufort Securities
Morses Club PLC (LON:MCL) had its price objective boosted by equities research analysts at Beaufort Securities from GBX 155 ($2.00) to GBX 165 ($2.13) in a research note issued on Friday. The firm currently has a “buy” rating on the stock. Beaufort Securities’ price objective indicates a potential upside of 11.49% from the stock’s previous close.
MCL has been the topic of several other reports. Numis Securities Ltd dropped their price target on shares of Morses Club PLC from GBX 149 ($1.92) to GBX 138 ($1.78) and set an “add” rating on the stock in a research note on Monday, July 3rd. Shore Capital restated a “buy” rating on shares of Morses Club PLC in a research report on Thursday.
Morses Club PLC (LON MCL) traded down 3.27% during mid-day trading on Friday, reaching GBX 148.00. 12,271 shares of the company’s stock traded hands. Morses Club PLC has a 52 week low of GBX 101.22 and a 52 week high of GBX 161.25. The stock’s market capitalization is GBX 191.66 million. The stock’s 50 day moving average is GBX 124.26 and its 200-day moving average is GBX 124.17.
Morses Club PLC 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.
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