Berenberg Bank Reaffirms Buy Rating for Mortgage Advice Bureau (LON:MAB1)

Mortgage Advice Bureau (LON:MAB1)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research report issued on Tuesday, Digital Look reports. They presently have a GBX 975 price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 168.97% from the company’s current price.

Mortgage Advice Bureau Stock Down 1.4%

Shares of Mortgage Advice Bureau stock opened at GBX 362.50 on Tuesday. Mortgage Advice Bureau has a 12-month low of GBX 350 and a 12-month high of GBX 818. The firm has a market capitalization of £208.85 million, a PE ratio of 14.05, a price-to-earnings-growth ratio of 0.81 and a beta of 1.03. The company has a quick ratio of 2.21, a current ratio of 0.60 and a debt-to-equity ratio of 43.59. The stock’s fifty day moving average is GBX 485.43 and its 200-day moving average is GBX 521.38.

Mortgage Advice Bureau (LON:MAB1) last posted its quarterly earnings data 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%. Equities analysts anticipate that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current year.

Insider Activity at Mortgage Advice Bureau

In other Mortgage Advice Bureau news, insider Nathan James McLean Imlach bought 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, with a total value of £1,918.80. In the last quarter, insiders have acquired 763 shares of company stock worth $398,138. Corporate insiders own 24.49% of the company’s stock.

About Mortgage Advice Bureau

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.