Mortgage Advice Bureau (LON:MAB1 – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a research report issued on Tuesday,Digital Look reports. They currently have a GBX 1,150 target price on the stock. Berenberg Bank’s price target would indicate a potential upside of 120.73% from the company’s current price.
Mortgage Advice Bureau Stock Up 0.2%
Shares of LON MAB1 traded up GBX 1 during mid-day trading on Tuesday, reaching GBX 521. 131,020 shares of the company’s stock were exchanged, compared to its average volume of 450,930. The firm has a market capitalization of £299.80 million, a price-to-earnings ratio of 20.19, a PEG ratio of 0.81 and a beta of 1.03. The company has a current ratio of 0.71, a quick ratio of 2.21 and a debt-to-equity ratio of 24.62. The business has a fifty day simple moving average of GBX 538.93 and a 200 day simple moving average of GBX 613.03. Mortgage Advice Bureau has a twelve month low of GBX 495 and a twelve month high of GBX 924.
Insider Buying and Selling
In related news, insider Nathan James McLean Imlach purchased 355 shares of the business’s stock in a transaction on Friday, May 29th. The shares were purchased at an average price of GBX 539 per share, with a total value of £1,913.45. In the last 90 days, insiders have purchased 1,073 shares of company stock worth $585,515. Company insiders own 24.52% of the company’s stock.
Mortgage Advice Bureau Company Profile
MAB is a leading UK property finance platform that connects customers, advisers, lenders, and insurers throughout the homeownership journey. Through its scalable, technology-driven intermediary model, MAB delivers personalised mortgage and protection advice via its proprietary platform, supported by deep customer insight and a data-rich, digitally enabled framework.
Through its partner firms, known as Appointed Representatives (ARs), MAB has over 2,100 advisers providing expert advice across mortgages, specialist lending, protection and general insurance products.
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