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

Berenberg Bank reaffirmed their buy rating on shares of Mortgage Advice Bureau (LON:MAB1) in a research note issued to investors on Thursday morning, MarketBeat.com reports. They currently have a GBX 1,150 target price on the stock.

Mortgage Advice Bureau Trading Up 4.1%

Shares of MAB1 stock opened at GBX 712 on Thursday. The stock has a market cap of £413.12 million, a price-to-earnings ratio of 21.77, a PEG ratio of 0.81 and a beta of 1.14. The stock has a 50-day moving average of GBX 685.31 and a 200-day moving average of GBX 720.28. Mortgage Advice Bureau has a 1-year low of GBX 615.20 and a 1-year high of GBX 924.

Mortgage Advice Bureau Company Profile

MAB is one of the UK’s leading consumer intermediary brands and specialist networks for mortgage advisers.

Through its partner firms known as Appointed Representatives (ARs), MAB has approximately 2,000 advisers providing expert advice to customers on a range of mortgage, specialist lending, protection, and general insurance products. MAB supports its AR firms with proprietary technology and services, including adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.