Gocompare.Com Group PLC (GOCO) Receives Average Rating of “Hold” from Brokerages

Gocompare.Com Group PLC (LON:GOCO) has been given an average rating of “Hold” by the six analysts that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 129.25 ($1.79).

GOCO has been the subject of several research reports. Peel Hunt reaffirmed a “buy” rating and set a GBX 120 ($1.66) price target on shares of Gocompare.Com Group in a report on Monday, December 4th. Liberum Capital reaffirmed a “hold” rating and set a GBX 104 ($1.44) price target on shares of Gocompare.Com Group in a report on Friday, November 24th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 145 ($2.00) price target on shares of Gocompare.Com Group in a report on Wednesday, February 28th. Finally, Canaccord Genuity raised their price target on Gocompare.Com Group from GBX 106 ($1.46) to GBX 112 ($1.55) and gave the company a “hold” rating in a report on Wednesday, December 20th.

In other Gocompare.Com Group news, insider Ashley Steel purchased 47,833 shares of the business’s stock in a transaction on Tuesday, December 19th. The stock was acquired at an average price of GBX 104 ($1.44) per share, with a total value of £49,746.32 ($68,729.37). Insiders have acquired a total of 73,099 shares of company stock valued at $5,009,490 in the last ninety days.

Shares of Gocompare.Com Group (LON:GOCO) opened at GBX 112.20 ($1.55) on Wednesday. The company has a market capitalization of $468.55 and a P/E ratio of 1,870.00. Gocompare.Com Group has a twelve month low of GBX 84.62 ($1.17) and a twelve month high of GBX 120 ($1.66).

The firm also recently declared a dividend, which will be paid on Friday, May 25th. Shareholders of record on Thursday, May 3rd will be issued a dividend of GBX 0.70 ($0.01) per share. This represents a yield of 0.62%. The ex-dividend date is Thursday, May 3rd.

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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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