Mortgage Advice Bureau (LON:MAB1) Earns “Buy” Rating from Berenberg Bank

Mortgage Advice Bureau (LON:MAB1)‘s stock had its “buy” rating restated by equities researchers at Berenberg Bank in a research note issued to investors on Wednesday, Marketbeat reports. They presently have a GBX 1,150 ($15.44) price objective on the stock. Berenberg Bank’s price objective would suggest a potential upside of 40.24% from the company’s current price.

Mortgage Advice Bureau Price Performance

Shares of MAB1 opened at GBX 820 ($11.01) on Wednesday. The stock has a market capitalization of £475.25 million, a price-to-earnings ratio of 43.72, a price-to-earnings-growth ratio of 0.81 and a beta of 1.14. Mortgage Advice Bureau has a 1 year low of GBX 528 ($7.09) and a 1 year high of GBX 984 ($13.21). The business’s 50 day simple moving average is GBX 781.10 and its 200-day simple moving average is GBX 724.93.

Mortgage Advice Bureau (LON:MAB1) last issued its quarterly earnings data on Tuesday, March 18th. The company reported GBX 27.60 ($0.37) earnings per share (EPS) for the quarter. Mortgage Advice Bureau had a return on equity of 15.33% and a net margin of 4.41%. On average, sell-side analysts expect that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current year.

Insider Transactions at Mortgage Advice Bureau

In related news, insider Nathan James McLean Imlach purchased 271 shares of the firm’s stock in a transaction that occurred on Wednesday, April 30th. The shares were bought at an average price of GBX 804 ($10.79) per share, for a total transaction of £2,178.84 ($2,924.62). Insiders have bought 622 shares of company stock valued at $480,465 in the last ninety days. Corporate insiders own 20.02% of the company’s stock.

Mortgage Advice Bureau Company Profile

Mortgage Advice Bureau (Holdings) plc, together with its subsidiaries, provides mortgage advice services in the United Kingdom. The company offers proprietary technology and services, which includes adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.