Numis Securities Ltd Reaffirms Add Rating for Morses Club PLC (MCL)

Numis Securities Ltd reaffirmed their add rating on shares of Morses Club PLC (LON:MCL) in a research report released on Thursday morning. They currently have a GBX 130 ($1.61) target price on the stock.

A number of other research firms have also recently issued reports on MCL. Panmure Gordon restated a buy rating and set a GBX 125 ($1.55) price target on shares of Morses Club PLC in a report on Thursday, September 1st. Beaufort Securities began coverage on Morses Club PLC in a report on Friday, September 2nd. They set a buy rating and a GBX 135 ($1.67) price target on the stock.

Morses Club PLC (LON:MCL) opened at 130.00 on Thursday. The firm’s 50-day moving average is GBX 112.63 and its 200-day moving average is GBX 103.15. Morses Club PLC has a 52-week low of GBX 84.00 and a 52-week high of GBX 130.00. The company’s market capitalization is GBX 168.35 million.

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

About Morses Club PLC

Morses Club PLC is a United Kingdom-based non-standard consumer finance company. The Company is focused on the home collected credit market. The Company markets a range of loan products through a combination of traditional and online marketing channels. The Company is focused on the home collected credit market.

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