Morses Club PLC (MCL) Receives Average Rating of “Buy” from Analysts
Morses Club PLC (LON:MCL) has been assigned an average recommendation of “Buy” from the six brokerages that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 158.60 ($2.19).
Several brokerages have issued reports on MCL. Peel Hunt began coverage on shares of Morses Club in a research report on Wednesday. They set a “buy” rating and a GBX 165 ($2.28) price objective on the stock. Shore Capital reissued a “buy” rating on shares of Morses Club in a research report on Wednesday, January 31st. Finally, FinnCap reissued a “corporate” rating and set a GBX 175 ($2.42) price objective on shares of Morses Club in a research report on Wednesday, January 31st.
Morses Club (MCL) opened at GBX 125 ($1.73) on Wednesday. Morses Club has a 52-week low of GBX 105 ($1.45) and a 52-week high of GBX 161.25 ($2.23). The stock has a market cap of $161.88 and a price-to-earnings ratio of 1,562.50.
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About Morses Club
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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