Canaccord Genuity Reiterates Buy Rating for Gocompare.Com Group (LON:GOCO)

Canaccord Genuity reissued their buy rating on shares of Gocompare.Com Group (LON:GOCO) in a report issued on Thursday morning, Digital Look reports. The brokerage currently has a GBX 120 ($1.57) target price on the stock.

A number of other brokerages also recently issued reports on GOCO. Royal Bank of Canada reaffirmed an outperform rating on shares of Gocompare.Com Group in a report on Wednesday, July 24th. Deutsche Bank reaffirmed a buy rating on shares of Gocompare.Com Group in a report on Friday, September 27th. Berenberg Bank reiterated a buy rating and set a GBX 110 ($1.44) price objective on shares of Gocompare.Com Group in a research report on Wednesday, October 2nd. Peel Hunt reiterated a buy rating on shares of Gocompare.Com Group in a research report on Tuesday, October 22nd. Finally, Liberum Capital upped their price objective on Gocompare.Com Group from GBX 125 ($1.63) to GBX 145 ($1.89) and gave the company a buy rating in a research report on Thursday, October 10th. Six research analysts have rated the stock with a buy rating, Gocompare.Com Group has an average rating of Buy and a consensus price target of GBX 120 ($1.57).

Shares of LON:GOCO traded up GBX 2.40 ($0.03) during midday trading on Thursday, reaching GBX 104.40 ($1.36). 793,390 shares of the company’s stock traded hands, compared to its average volume of 522,491. The company has a market cap of $436.97 million and a price-to-earnings ratio of 22.21. Gocompare.Com Group has a one year low of GBX 61.40 ($0.80) and a one year high of GBX 104.60 ($1.37). The stock has a 50 day moving average of GBX 94.34 and a 200 day moving average of GBX 86.03.

In related news, insider Zillah Byng-Thorne sold 84,322 shares of the company’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of GBX 100 ($1.31), for a total transaction of £84,322 ($110,181.63).

About Gocompare.Com Group

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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