Mortgage Advice Bureau (LON:MAB1) Now Covered by Berenberg Bank

Berenberg Bank assumed coverage on shares of Mortgage Advice Bureau (LON:MAB1) in a report released on Monday morning,London Stock Exchange reports. The firm issued a buy rating and a GBX 1,150 ($14.51) price objective on the stock.

Mortgage Advice Bureau Stock Performance

Mortgage Advice Bureau stock remained flat at GBX 772 ($9.74) during mid-day trading on Monday. The company’s stock had a trading volume of 41,211 shares, compared to its average volume of 115,080. Mortgage Advice Bureau has a 52-week low of GBX 528 ($6.66) and a 52-week high of GBX 984 ($12.42). The company has a 50 day moving average price of GBX 709.39 and a 200 day moving average price of GBX 703.90. The firm has a market cap of £447.43 million, a P/E ratio of 41.16, a PEG ratio of 0.81 and a beta of 1.14.

Insider Activity at Mortgage Advice Bureau

In other news, insider Nathan James McLean Imlach bought 300 shares of the firm’s stock in a transaction that occurred on Friday, January 31st. The stock was acquired at an average price of GBX 730 ($9.21) per share, with a total value of £2,190 ($2,763.76). Insiders have purchased a total of 1,022 shares of company stock worth $674,090 over the last ninety days. 20.02% of the stock is currently owned by corporate insiders.

Mortgage Advice Bureau Company Profile

Mortgage Advice Bureau (Holdings) plc, together with its subsidiaries, provides mortgage advice services in the United Kingdom. The company offers proprietary technology and services, which includes adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.