Mortgage Advice Bureau (LON:MAB1) Earns Buy Rating from Berenberg Bank

Mortgage Advice Bureau (LON:MAB1)‘s stock had its “buy” rating restated by stock analysts at Berenberg Bank in a research report issued on Thursday,Digital Look reports. They currently have a GBX 1,150 price target on the stock. Berenberg Bank’s target price would suggest a potential upside of 115.36% from the company’s current price.

Mortgage Advice Bureau Stock Down 1.3%

Shares of Mortgage Advice Bureau stock opened at GBX 534 on Thursday. The company has a 50-day simple moving average of GBX 531.67 and a two-hundred day simple moving average of GBX 591. The company has a debt-to-equity ratio of 24.62, a quick ratio of 2.21 and a current ratio of 0.71. Mortgage Advice Bureau has a 52-week low of GBX 495 and a 52-week high of GBX 854. The stock has a market capitalization of £307.66 million, a PE ratio of 20.70, a price-to-earnings-growth ratio of 0.81 and a beta of 1.04.

Insiders Place Their Bets

In related news, insider Nathan James McLean Imlach purchased 369 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The shares were purchased at an average price of GBX 520 per share, with a total value of £1,918.80. Over the last 90 days, insiders bought 1,090 shares of company stock worth $574,643. 24.52% 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.