Is Morses Club PLC a Buy? The Stock Rises Again

 Is Morses Club PLC a Buy? The Stock Rises Again

The stock of Morses Club PLC (LON:MCL) is a huge mover today! The stock increased 1.19% or GBX 1.5 on November 8, hitting GBX 128. About 37,346 shares traded hands. Morses Club PLC (LON:MCL) has risen 6.00% since October 9, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 9 months positive chart setup for the GBX 165.76M company. It was reported on Nov, 8 by Barchart.com. We have GBX 203.52 PT which if reached, will make LON:MCL worth GBX 97.80M more.

Morses Club PLC (LON:MCL) Ratings Coverage

Out of 3 analysts covering Morses Club Plc (LON:MCL), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 150 is the highest target while GBX 118 is the lowest. The GBX 138.33 average target is 8.07% above today’s (GBX 128) stock price. Morses Club Plc has been the topic of 10 analyst reports since July 5, 2016 according to StockzIntelligence Inc. The company was maintained on Thursday, October 6 by Numis Securities. The stock of Morses Club PLC (LON:MCL) earned “Buy” rating by Panmure Gordon on Thursday, September 1. The rating was maintained by Panmure Gordon with “Buy” on Thursday, October 6. Numis Securities downgraded Morses Club PLC (LON:MCL) rating on Thursday, September 1. Numis Securities has “Add” rating and GBX 130 price target. The rating was maintained by Panmure Gordon on Friday, July 8 with “Buy”. The firm has “Buy” rating by Beaufort Securities given on Friday, October 7. The stock of Morses Club PLC (LON:MCL) earned “Buy” rating by Panmure Gordon on Thursday, October 20. Panmure Gordon maintained the shares of MCL in a report on Wednesday, July 13 with “Buy” rating.

Another recent and important Morses Club PLC (LON:MCL) news was published by Fool.Co.Uk which published an article titled: “Should you buy stock market newcomers Hotel Chocolat Group plc, Morses Club …” on May 17, 2016.

Morses Club PLC is a United Kingdom non-standard consumer finance company. The company has a market cap of 165.76 million GBP. The Firm is focused on the home collected credit market. It has a 25.44 P/E ratio. The Firm markets a range of loan products through a combination of traditional and online marketing channels.

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