Trade Report: The Morses Club PLC (MCL) Stock Rating Reaffirmed by Numis Securities Ltd

The Morses Club PLC (MCL) Stock Rating Reaffirmed by Numis Securities Ltd

Morses Club PLC (LON:MCL)‘s stock had its “add” rating reiterated by Numis Securities Ltd in a report released on Thursday. They presently have a GBX 130 ($1.70) price target on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 3.17% from the stock’s current price.

A number of other brokerages have also recently weighed in on MCL. Panmure Gordon reiterated a “buy” rating and set a GBX 125 ($1.63) price target on shares of Morses Club PLC in a research report on Thursday, September 1st. Beaufort Securities initiated coverage on Morses Club PLC in a research report on Friday, September 2nd. They issued a “buy” rating and a GBX 135 ($1.76) target price on the stock.

Morses Club PLC (LON:MCL) opened at 130.00 on Thursday. Morses Club PLC has a 12-month low of GBX 84.00 and a 12-month high of GBX 130.00. The firm’s market capitalization is GBX 168.35 million. The stock has a 50 day moving average price of GBX 111.86 and a 200-day moving average price of GBX 102.93.

The firm also recently announced a dividend, which will be paid on Friday, November 18th. Investors of record on Thursday, October 20th will be given a GBX 2.10 ($0.03) dividend. This represents a yield of 1.75%. The ex-dividend date is Thursday, October 20th.

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