Mortgage Advice Bureau (Holdings) plc (LON:MAB1 – Get Free Report)’s share price hit a new 52-week low on Monday . The stock traded as low as GBX 500 and last traded at GBX 540, with a volume of 5396544 shares. The stock had previously closed at GBX 536.55.
Analysts Set New Price Targets
Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,150 target price on shares of Mortgage Advice Bureau in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Mortgage Advice Bureau presently has a consensus rating of “Buy” and an average target price of GBX 1,150.
Read Our Latest Stock Report on Mortgage Advice Bureau
Mortgage Advice Bureau Price Performance
Mortgage Advice Bureau (LON:MAB1 – Get Free Report) last released its quarterly earnings results on Tuesday, March 17th. The company reported GBX 44.50 earnings per share (EPS) for the quarter. Mortgage Advice Bureau had a net margin of 4.75% and a return on equity of 20.53%. Sell-side analysts predict that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current year.
Insiders Place Their Bets
In other news, insider Nathan James McLean Imlach bought 231 shares of the stock in a transaction that occurred on Friday, January 30th. The stock was acquired at an average price of GBX 805 per share, with a total value of £1,859.55. 24.30% of the stock is owned by corporate insiders.
Mortgage Advice Bureau Company Profile
MAB is one of the UK’s leading consumer intermediary brands and specialist networks for mortgage advisers.
Through its partner firms known as Appointed Representatives (ARs), MAB has approximately 2,000 advisers providing expert advice to customers on a range of mortgage, specialist lending, protection, and general insurance products. MAB supports its AR firms with proprietary technology and services, including adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.
Further Reading
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