Shore Capital Reaffirms Buy Rating for Morses Club PLC (MCL)

Shore Capital reiterated their buy rating on shares of Morses Club PLC (LON:MCL) in a research note released on Thursday.

A number of other research firms have also weighed in on MCL. Beaufort Securities upped their price objective on shares of Morses Club PLC from GBX 155 ($2.06) to GBX 165 ($2.19) and gave the stock a buy rating in a research note on Thursday. Numis Securities Ltd decreased their price target on shares of Morses Club PLC from GBX 149 ($1.98) to GBX 138 ($1.83) and set an add rating for the company in a research report on Monday, July 3rd.

Morses Club PLC (MCL) opened at 140.00 on Thursday. The company’s 50-day moving average is GBX 139.54 and its 200-day moving average is GBX 128.88. The stock’s market capitalization is GBX 181.30 million. Morses Club PLC has a 12 month low of GBX 100.81 and a 12 month high of GBX 163.42.

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About Morses Club PLC

Morses Club PLC is a United Kingdom-based home collected credit (HCC) lender. The Company is a consumer finance business focused on the home collected credit market. The Company operates under the Morses Club brand and provides unsecured loans to customers over 20-78 week periods, which are repayable on a weekly basis.

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