Gocompare.Com Group (LON:GOCO) had its price target hoisted by Liberum Capital from GBX 100 ($1.31) to GBX 125 ($1.63) in a research report sent to investors on Monday, Digital Look reports. The brokerage currently has a buy rating on the stock.
Several other research firms have also issued reports on GOCO. Royal Bank of Canada reissued an outperform rating on shares of Gocompare.Com Group in a report on Wednesday, July 24th. Peel Hunt reissued a buy rating on shares of Gocompare.Com Group in a report on Wednesday, September 4th. Deutsche Bank reissued a buy rating on shares of Gocompare.Com Group in a report on Friday, July 26th. Finally, Berenberg Bank reissued a buy rating on shares of Gocompare.Com Group in a report on Wednesday, July 17th. Five research analysts have rated the stock with a buy rating, The stock presently has an average rating of Buy and an average target price of GBX 118 ($1.54).
Gocompare.Com Group stock opened at GBX 75.04 ($0.98) on Monday. The firm has a 50 day moving average of GBX 80.74 and a 200 day moving average of GBX 80.98. The firm has a market capitalization of $314.02 million and a price-to-earnings ratio of 15.97. Gocompare.Com Group has a 12-month low of GBX 61.40 ($0.80) and a 12-month high of GBX 106 ($1.39).
The company also recently announced a dividend, which will be paid on Friday, October 4th. Investors of record on Thursday, September 12th will be issued a GBX 0.40 ($0.01) dividend. This represents a yield of 0.49%. The ex-dividend date is Thursday, September 12th. Gocompare.Com Group’s dividend payout ratio is 0.21%.
About Gocompare.Com Group
GoCompare.com Group plc operates an Internet-based price comparison Website for financial and non-financial products in the United Kingdom. The company's Gocompare.com Website enables people to compare the costs and features of various insurance policies, financial products, and energy tariffs. It provides comparison services for car, motorbike, van, taxi, motorhome, breakdown, home, landlord, student, travel, and pet insurance products, as well as strategic initiatives in the areas of money, energy, home services, life and protection insurance, and other products.
Read More: What is the Producer Price Index (PPI)?
Receive News & Ratings for Gocompare.Com Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gocompare.Com Group and related companies with MarketBeat.com's FREE daily email newsletter.