Gocompare.Com Group’s (GOCO) Buy Rating Reiterated at Deutsche Bank

Gocompare.Com Group (LON:GOCO)‘s stock had its “buy” rating reissued by equities researchers at Deutsche Bank in a research report issued to clients and investors on Thursday. They presently have a GBX 150 ($2.03) price objective on the stock. Deutsche Bank’s price objective would indicate a potential upside of 27.12% from the stock’s current price.

A number of other research firms have also commented on GOCO. Investec reaffirmed a “sell” rating on shares of Gocompare.Com Group in a research note on Tuesday, December 19th. Berenberg Bank raised their price target on Gocompare.Com Group from GBX 130 ($1.76) to GBX 145 ($1.97) and gave the stock a “buy” rating in a research note on Wednesday, December 20th. Peel Hunt reissued a “buy” rating and issued a GBX 120 ($1.63) price target on shares of Gocompare.Com Group in a research note on Thursday, November 2nd. Liberum Capital initiated coverage on Gocompare.Com Group in a research note on Wednesday, November 8th. They issued a “hold” rating and a GBX 104 ($1.41) price target on the stock. Finally, Canaccord Genuity raised their price target on Gocompare.Com Group from GBX 106 ($1.44) to GBX 112 ($1.52) and gave the stock a “hold” rating in a research note on Wednesday, December 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 125 ($1.70).

Gocompare.Com Group (LON GOCO) traded up GBX 4.20 ($0.06) on Thursday, hitting GBX 118 ($1.60). The company had a trading volume of 328,420 shares, compared to its average volume of 432,678. The firm has a market capitalization of $493.25 and a price-to-earnings ratio of 2,950.00. Gocompare.Com Group has a fifty-two week low of GBX 76.50 ($1.04) and a fifty-two week high of GBX 119.60 ($1.62).

In other Gocompare.Com Group news, insider Ashley Steel purchased 47,833 shares of the firm’s stock in a transaction on Tuesday, December 19th. The shares were purchased at an average cost of GBX 104 ($1.41) per share, with a total value of £49,746.32 ($67,461.78). Over the last three months, insiders acquired 73,274 shares of company stock worth $5,024,682.

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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.

Analyst Recommendations for Gocompare.Com Group (LON:GOCO)

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