Mortgage Advice Bureau (LON:MAB1) Given Buy Rating at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Mortgage Advice Bureau (LON:MAB1) in a report released on Thursday,Digital Look reports. Berenberg Bank currently has a GBX 1,150 price target on the stock.

Mortgage Advice Bureau Price Performance

LON MAB1 opened at GBX 525 on Thursday. Mortgage Advice Bureau has a one year low of GBX 495 and a one year high of GBX 854. The stock has a 50-day moving average of GBX 531.85 and a 200 day moving average of GBX 589.94. The company has a debt-to-equity ratio of 24.62, a quick ratio of 2.21 and a current ratio of 0.71. The company has a market capitalization of £302.47 million, a price-to-earnings ratio of 20.35, a PEG ratio of 0.81 and a beta of 1.04.

Insider Activity at Mortgage Advice Bureau

In related news, insider Nathan James McLean Imlach acquired 369 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The stock was purchased at an average cost of GBX 520 per share, with a total value of £1,918.80. Insiders have purchased 1,090 shares of company stock valued at $574,643 in the last three months. 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.