Morses Club PLC (MCL) Given Consensus Rating of “Buy” by Brokerages

Morses Club PLC (LON:MCL) has earned an average recommendation of “Buy” from the six analysts that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is GBX 158.60 ($2.19).

Several brokerages have commented on MCL. Shore Capital reissued a “buy” rating on shares of Morses Club in a research report on Tuesday, December 5th. FinnCap restated a “corporate” rating and issued a GBX 175 ($2.42) price objective on shares of Morses Club in a report on Wednesday, January 31st. Finally, Peel Hunt began coverage on shares of Morses Club in a report on Wednesday. They issued a “buy” rating and a GBX 165 ($2.28) price objective on the stock.

In other news, insider Patrick Storey acquired 23,148 shares of Morses Club stock in a transaction dated Monday, December 4th. The shares were acquired at an average cost of GBX 135 ($1.87) per share, for a total transaction of £31,249.80 ($43,174.63).

Morses Club (LON:MCL) opened at GBX 125 ($1.73) on Wednesday. Morses Club has a 1 year low of GBX 105 ($1.45) and a 1 year high of GBX 161.25 ($2.23). The company has a market cap of $161.88 and a P/E ratio of 1,562.50.

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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.

Analyst Recommendations for Morses Club (LON:MCL)

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