Mortgage Advice Bureau’s (MAB1) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Mortgage Advice Bureau (LON:MAB1) in a research report sent to investors on Tuesday,Digital Look reports. Berenberg Bank currently has a GBX 975 price objective on the stock.

Mortgage Advice Bureau Trading Down 1.4%

LON MAB1 opened at GBX 362.50 on Tuesday. Mortgage Advice Bureau has a 52 week low of GBX 350 and a 52 week high of GBX 818. The company has a debt-to-equity ratio of 43.59, a quick ratio of 2.21 and a current ratio of 0.60. The stock’s 50 day moving average price is GBX 485.43 and its two-hundred day moving average price is GBX 521.38. The stock has a market capitalization of £208.85 million, a price-to-earnings ratio of 14.05, a PEG ratio of 0.81 and a beta of 1.03.

Mortgage Advice Bureau (LON:MAB1) last issued its quarterly earnings results on Wednesday, September 23rd. The company reported GBX 6.30 earnings per share for the quarter. Mortgage Advice Bureau had a net margin of 3.59% and a return on equity of 16.94%. As a group, analysts anticipate that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Mortgage Advice Bureau news, insider Nathan James McLean Imlach purchased 369 shares of the stock in a transaction on Tuesday, June 30th. The shares were purchased at an average cost of GBX 520 per share, for a total transaction of £1,918.80. Insiders have acquired a total of 763 shares of company stock valued at $398,138 over the last ninety days. 24.49% of the stock is currently owned by company insiders.

Mortgage Advice Bureau Company Profile

MAB is a leading UK property finance platform that connects customers, advisers, lenders, and insurers throughout the homeownership journey. Through its scalable, technology-driven intermediary model, MAB delivers personalised mortgage and protection advice via its proprietary platform, supported by deep customer insight and a data-rich, digitally enabled framework.

Through its partner firms, known as Appointed Representatives (ARs), MAB has over 2,100 advisers providing expert advice across mortgages, specialist lending, protection and general insurance products.