Morses Club Plc (LON:MCL) insider Patrick Storey bought 23,148 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was acquired at an average cost of GBX 135 ($1.82) per share, for a total transaction of £31,249.80 ($42,058.95).

Shares of Morses Club Plc (LON MCL) opened at GBX 134 ($1.80) on Tuesday. Morses Club Plc has a 12-month low of GBX 101.22 ($1.36) and a 12-month high of GBX 161.25 ($2.17).

The company also recently declared a dividend, which will be paid on Friday, January 19th. Stockholders of record on Thursday, December 28th will be given a dividend of GBX 2.20 ($0.03) per share. This represents a dividend yield of 1.59%. The ex-dividend date of this dividend is Thursday, December 28th.

A number of research firms have weighed in on MCL. Shore Capital reissued a “buy” rating on shares of Morses Club in a research note on Tuesday. FinnCap assumed coverage on shares of Morses Club in a research report on Tuesday, October 31st. They set a “corporate” rating and a GBX 175 ($2.36) price target on the stock. Beaufort Securities lifted their price target on shares of Morses Club from GBX 155 ($2.09) to GBX 165 ($2.22) and gave the company a “buy” rating in a research report on Thursday, October 5th. Finally, Numis Securities reaffirmed an “add” rating and set a GBX 138 ($1.86) price target on shares of Morses Club in a research report on Friday, August 18th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. Morses Club presently has an average rating of “Buy” and an average price target of GBX 157 ($2.11).

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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.

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