Mortgage Advice Bureau (MAB1) Rating Reiterated by Numis Securities

Mortgage Advice Bureau (LON:MAB1)‘s stock had its “add” rating reiterated by research analysts at Numis Securities in a research report issued to clients and investors on Wednesday. They presently have a GBX 665 ($8.69) price target on the stock. Numis Securities’ price objective indicates a potential upside of 14.66% from the stock’s current price.

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

LON MAB1 opened at GBX 580 ($7.58) on Wednesday. The company has a market cap of $296.41 million and a price-to-earnings ratio of 24.07. Mortgage Advice Bureau has a 1-year low of GBX 470 ($6.14) and a 1-year high of GBX 740 ($9.67).

In related news, insider Nathan James McLean Imlach bought 282 shares of the company’s stock in a transaction dated Monday, December 31st. The stock was purchased at an average price of GBX 515 ($6.73) per share, for a total transaction of £1,452.30 ($1,897.69). Also, insider Lucy Tilley bought 52 shares of the company’s stock in a transaction dated Thursday, February 14th. The stock was bought at an average price of GBX 588 ($7.68) per share, with a total value of £305.76 ($399.53). In the last quarter, insiders bought 911 shares of company stock valued at $507,554.

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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