FinnCap initiated coverage on shares of Morses Club PLC (LON:MCL) in a research report sent to investors on Tuesday morning, Marketbeat.com reports. The brokerage issued a corporate rating and a GBX 175 ($2.31) price objective on the stock.
A number of other equities analysts have also commented on the stock. Numis Securities Ltd reduced their target price on shares of Morses Club PLC from GBX 149 ($1.97) to GBX 138 ($1.82) and set an add rating on the stock in a research report on Monday, July 3rd. Shore Capital reaffirmed a hold rating on shares of Morses Club PLC in a research report on Tuesday, July 4th. Finally, Beaufort Securities raised their target price on shares of Morses Club PLC from GBX 155 ($2.05) to GBX 165 ($2.18) and gave the stock a buy rating in a research report on Friday, September 1st. One research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. Morses Club PLC has a consensus rating of Buy and an average price target of GBX 157 ($2.07).
Morses Club PLC (LON MCL) opened at GBX 133.50 ($1.76) on Tuesday.
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The firm also recently disclosed a dividend, which will be paid on Friday, January 19th. Stockholders of record on Thursday, December 28th will be paid a dividend of GBX 2.20 ($0.03) per share. The ex-dividend date is Thursday, December 28th. This represents a dividend yield of 1.59%.
About Morses Club PLC
Morses Club PLC is a United Kingdom-based home collected credit (HCC) lender. The Company is a consumer finance business focused on the home collected credit market. The Company operates under the Morses Club brand and provides unsecured loans to customers over 20-78 week periods, which are repayable on a weekly basis.
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