Gocompare.Com Group (LON:GOCO) Stock Rating Reaffirmed by Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Gocompare.Com Group (LON:GOCO) in a report released on Wednesday morning, Digital Look reports. They currently have a GBX 110 ($1.44) price objective on the stock.

A number of other equities research analysts have also recently weighed in on the company. Royal Bank of Canada reaffirmed an outperform rating on shares of Gocompare.Com Group in a research note on Wednesday, July 24th. Deutsche Bank reaffirmed a buy rating on shares of Gocompare.Com Group in a research note on Friday, September 27th. Peel Hunt reissued a buy rating on shares of Gocompare.Com Group in a research note on Thursday, September 26th. Finally, Liberum Capital reissued a buy rating on shares of Gocompare.Com Group in a research note on Thursday, September 26th. Five research analysts have rated the stock with a buy rating, The stock has an average rating of Buy and an average price target of GBX 116 ($1.52).

Shares of LON GOCO traded up GBX 1.20 ($0.02) during trading on Wednesday, reaching GBX 83.30 ($1.09). The stock had a trading volume of 189,777 shares, compared to its average volume of 522,491. Gocompare.Com Group has a fifty-two week low of GBX 61.40 ($0.80) and a fifty-two week high of GBX 102.60 ($1.34). The business’s 50-day moving average price is GBX 78.58 and its 200-day moving average price is GBX 81.74. The company has a market cap of $348.62 million and a P/E ratio of 17.72.

The business also recently announced a dividend, which will be paid on Friday, October 4th. Investors of record on Thursday, September 12th will be paid a dividend of GBX 0.40 ($0.01) per share. The ex-dividend date of this dividend is Thursday, September 12th. This represents a yield of 0.49%. Gocompare.Com Group’s payout ratio is 0.21%.

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.

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

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