Advice

Numis Securities Reaffirms Add Rating for Mortgage Advice Bureau (MAB1) – Fairfield Current



Mortgage Advice Bureau (LON:MAB1)‘s stock had its “add” rating reissued by analysts at Numis Securities in a research note issued on Wednesday. They currently have a GBX 665 ($8.69) target price on the stock. Numis Securities’ target price would indicate a potential upside of 17.54% from the stock’s previous close.

Separately, Shore Capital reaffirmed a “buy” rating on shares of Mortgage Advice Bureau in a research note on Tuesday, January 22nd.

Shares of LON:MAB1 traded down GBX 15.22 ($0.20) on Wednesday, reaching GBX 565.78 ($7.39). 553 shares of the company traded hands, compared to its average volume of 34,178. Mortgage Advice Bureau has a 52 week low of GBX 358.25 ($4.68) and a 52 week high of GBX 668 ($8.73).

In other Mortgage Advice Bureau news, insider Nathan James McLean Imlach bought 282 shares of the business’s stock in a transaction that occurred on Monday, December 31st. The shares were bought at an average cost of GBX 515 ($6.73) per share, with a total value of £1,452.30 ($1,897.69). Also, insider Lucy Tilley bought 56 shares of the business’s stock in a transaction that occurred on Monday, January 14th. The stock was acquired at an average cost of GBX 528 ($6.90) per share, for a total transaction of £295.68 ($386.36). Insiders have bought 969 shares of company stock worth $537,598 over the last ninety days.

About Mortgage Advice Bureau

Mortgage Advice Bureau (Holdings) plc, through its subsidiaries, provides mortgage advice in the United Kingdom. It provides advice on approximately 12,000 residential and buy-to-let mortgage products through mortgage intermediaries. The company offers its services over the phone and face to face for customers.

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