Berenberg Bank Reaffirms “Buy” Rating for Gocompare.Com Group (LON:GOCO)
Berenberg Bank reiterated their buy rating on shares of Gocompare.Com Group (LON:GOCO) in a research report released on Thursday morning, Digital Look reports. The brokerage currently has a GBX 110 ($1.44) price objective on the stock.
GOCO has been the topic of a number of other reports. Royal Bank of Canada reissued an outperform rating on shares of Gocompare.Com Group in a report on Wednesday, July 24th. Deutsche Bank reissued a buy rating on shares of Gocompare.Com Group in a report on Friday, July 26th. Peel Hunt reissued a buy rating on shares of Gocompare.Com Group in a report on Wednesday, September 4th. Finally, Liberum Capital raised their target price on Gocompare.Com Group from GBX 100 ($1.31) to GBX 125 ($1.63) and gave the stock a buy rating in a report on Monday. Five research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of Buy and a consensus target price of GBX 116 ($1.52).
Shares of GOCO stock traded up GBX 0.40 ($0.01) during mid-day trading on Thursday, reaching GBX 75 ($0.98). The stock had a trading volume of 137,955 shares, compared to its average volume of 522,491. The business’s fifty day moving average is GBX 80.74 and its 200-day moving average is GBX 80.98. The firm has a market cap of $312.79 million and a price-to-earnings ratio of 15.96. Gocompare.Com Group has a 1-year low of GBX 61.40 ($0.80) and a 1-year high of GBX 106 ($1.39).
Gocompare.Com Group Company Profile
GoCompare.com Group plc operates an Internet-based price comparison Website for financial and non-financial products in the United Kingdom. The company's Gocompare.com Website enables people to compare the costs and features of various insurance policies, financial products, and energy tariffs. It provides comparison services for car, motorbike, van, taxi, motorhome, breakdown, home, landlord, student, travel, and pet insurance products, as well as strategic initiatives in the areas of money, energy, home services, life and protection insurance, and other products.
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