Morses Club PLC’s (MCL) Buy Rating Reaffirmed at Panmure Gordon

Panmure Gordon reaffirmed their buy rating on shares of Morses Club PLC (LON:MCL) in a research report sent to investors on Thursday morning. The brokerage currently has a GBX 125 ($1.63) target price on the stock.

Other analysts also recently issued reports about the company. Numis Securities Ltd downgraded Morses Club PLC to an add rating and set a GBX 130 ($1.70) price target for the company. in a research report on Thursday, September 1st. Beaufort Securities assumed coverage on Morses Club PLC in a research report on Friday, September 2nd. They issued a buy rating and a GBX 135 ($1.76) price target for the company.

Morses Club PLC (LON:MCL) traded up 5.00% during mid-day trading on Thursday, hitting GBX 126.00. 47,625 shares of the stock were exchanged. The stock has a 50 day moving average of GBX 111.27 and a 200-day moving average of GBX 102.73. Morses Club PLC has a 52-week low of GBX 84.00 and a 52-week high of GBX 128.40. The stock’s market cap is GBX 163.17 million.

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

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