Morses Club PLC (MCL) Coverage Initiated at FinnCap

FinnCap began coverage on shares of Morses Club PLC (LON:MCL) in a research report issued on Tuesday. The brokerage set a “corporate” rating and a GBX 175 ($2.31) price target on the stock. FinnCap’s price target indicates a potential upside of 32.95% from the stock’s current price.

Several other research analysts have also recently issued reports on MCL. Numis Securities Ltd cut their price objective on Morses Club PLC from GBX 149 ($1.97) to GBX 138 ($1.82) and set an “add” rating for the company in a research report on Monday, July 3rd. Shore Capital reiterated a “hold” rating on shares of Morses Club PLC in a research report on Tuesday, July 4th. Finally, Beaufort Securities restated a “buy” rating and issued a GBX 155 ($2.05) price target on shares of Morses Club PLC in a research report on Monday, August 21st. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Morses Club PLC presently has a consensus rating of “Buy” and an average target price of GBX 157 ($2.07).

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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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