Gocompare.Com Group’s (GOCO) “Buy” Rating Reaffirmed at Deutsche Bank

Deutsche Bank reiterated their buy rating on shares of Gocompare.Com Group (LON:GOCO) in a research note issued to investors on Thursday.

Other equities analysts also recently issued research reports about the company. Peel Hunt restated a buy rating on shares of Gocompare.Com Group in a report on Tuesday, July 31st. Berenberg Bank upped their target price on Gocompare.Com Group from GBX 145 ($1.89) to GBX 150 ($1.95) and gave the company a buy rating in a report on Wednesday, June 20th. Canaccord Genuity restated a hold rating and set a GBX 118 ($1.54) target price on shares of Gocompare.Com Group in a report on Wednesday, August 1st. Finally, Liberum Capital restated a hold rating on shares of Gocompare.Com Group in a report on Tuesday, July 31st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of GBX 134.60 ($1.75).

Shares of Gocompare.Com Group stock traded down GBX 3 ($0.04) during midday trading on Thursday, reaching GBX 101 ($1.32). 496,834 shares of the company’s stock traded hands, compared to its average volume of 522,491. Gocompare.Com Group has a 12 month low of GBX 84.62 ($1.10) and a 12 month high of GBX 120 ($1.56).

Gocompare.Com Group (LON:GOCO) last announced its earnings results on Tuesday, July 31st. The company reported GBX 3.80 ($0.05) EPS for the quarter, meeting analysts’ consensus estimates of GBX 3.80 ($0.05).

The company also recently disclosed a dividend, which will be paid on Friday, October 5th. Shareholders of record on Thursday, September 13th will be issued a GBX 0.80 ($0.01) dividend. This is an increase from Gocompare.Com Group’s previous dividend of $0.70. The ex-dividend date of this dividend is Thursday, September 13th. This represents a yield of 0.66%.

In other news, insider Joe Hurd acquired 2,439 shares of the firm’s stock in a transaction on Monday, September 10th. The stock was acquired at an average price of GBX 102 ($1.33) per share, for a total transaction of £2,487.78 ($3,240.56). In the last quarter, insiders acquired 2,714 shares of company stock valued at $278,876.

Gocompare.Com Group Company Profile

GoCompare.com Group plc operates an Internet-based price comparison Website for financial and non-financial products in the United Kingdom. The company's Gocompare.com Website enables people to compare the costs and features of various insurance policies, financial products, and energy tariffs. It provides comparison services for car, motorbike, van, taxi, motorhome, breakdown, home, landlord, student, travel, and pet insurance products, as well as strategic initiatives in the areas of money, energy, home services, life and protection insurance, and other products.

Read More: Moving Average (MA)

Analyst Recommendations for Gocompare.Com Group (LON:GOCO)

Receive News & Ratings for Gocompare.Com Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gocompare.Com Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply