Mortgage Advice Bureau (Holdings) PLC’s (MAB1) “Buy” Rating Reiterated at Canaccord Genuity

Canaccord Genuity restated their buy rating on shares of Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) in a research note published on Thursday morning. The firm currently has a GBX 366 ($4.52) price objective on the stock.

Several other equities research analysts have also weighed in on the company. Shore Capital restated a buy rating on shares of Mortgage Advice Bureau (Holdings) PLC in a report on Friday, January 27th. FinnCap restated a buy rating and issued a GBX 420 ($5.19) target price on shares of Mortgage Advice Bureau (Holdings) PLC in a report on Friday, January 27th.

Mortgage Advice Bureau (LON:MAB1) opened at 361.9375 on Thursday. The stock’s 50 day moving average is GBX 365.15 and its 200 day moving average is GBX 338.99. The stock’s market capitalization is GBX 182.64 million. Mortgage Advice Bureau has a one year low of GBX 195.00 and a one year high of GBX 418.03.

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The business also recently announced a dividend, which was paid on Friday, March 3rd. Investors of record on Thursday, February 9th were issued a GBX 1.10 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, February 9th. This represents a yield of 0.29%.

In related news, insider Nathan James McLean Imlach bought 381 shares of Mortgage Advice Bureau (Holdings) PLC stock in a transaction that occurred on Tuesday, January 31st. The stock was purchased at an average cost of GBX 367 ($4.53) per share, for a total transaction of £1,398.27 ($1,726.90). Also, insider Lucy Tilley bought 80 shares of Mortgage Advice Bureau (Holdings) PLC stock in a transaction that occurred on Tuesday, March 14th. The stock was bought at an average price of GBX 380 ($4.69) per share, with a total value of £304 ($375.45). Over the last 90 days, insiders purchased 1,303 shares of company stock valued at $471,647.

Mortgage Advice Bureau (Holdings) PLC Company Profile

Mortgage Advice Bureau (Holdings) plc is a United Kingdom-based non-trading holding company. The Company, along with its subsidiaries, is engaged in the provision of financial services, including the provision of mortgage advice, and advice on protection and general insurance products. The Company’s network offers advice on over 12,000 residential and buy-to-let mortgage products, including those that are available through mortgage intermediaries.

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