Gocompare.Com Group PLC (GOCO) Given Average Recommendation of “Hold” by Brokerages
Gocompare.Com Group PLC (LON:GOCO) has been given an average recommendation of “Hold” by the six analysts that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 117.33 ($1.57).
GOCO has been the subject of a number of recent analyst reports. Peel Hunt restated a “buy” rating and issued a GBX 120 ($1.61) target price on shares of Gocompare.Com Group in a report on Thursday, November 2nd. Berenberg Bank initiated coverage on shares of Gocompare.Com Group in a research note on Wednesday, September 13th. They set a “buy” rating and a GBX 130 ($1.74) price objective for the company. Deutsche Bank reiterated a “buy” rating and set a GBX 145 ($1.94) price objective on shares of Gocompare.Com Group in a research note on Monday. Finally, Liberum Capital initiated coverage on shares of Gocompare.Com Group in a research note on Wednesday, November 8th. They set a “hold” rating and a GBX 104 ($1.39) price objective for the company.
In other news, insider Peter Wood sold 21,334,672 shares of the business’s stock in a transaction on Thursday, October 19th. The shares were sold at an average price of GBX 100 ($1.34), for a total transaction of £21,334,672 ($28,571,945.90). Over the last three months, insiders have bought 435 shares of company stock worth $45,072.
Gocompare.Com Group Company Profile
Gocompare.com Group plc is a holding company. The Company’s principal activity is providing an insurance price and product comparison Website. Its segments include Insurance and Strategic Initiatives. It operates a United Kingdom-based price and product comparison Website, Gocompare.com. Gocompare.com offers an online service that enables consumers to compare the prices and features of products.
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