Gocompare.Com Group PLC (LON:GOCO) has been given a consensus rating of “Buy” by the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 112 ($1.46).
Several research analysts have recently weighed in on GOCO shares. Peel Hunt reissued a “buy” rating on shares of Gocompare.Com Group in a research report on Wednesday, December 5th. Deutsche Bank dropped their target price on shares of Gocompare.Com Group from GBX 150 ($1.96) to GBX 130 ($1.70) and set a “buy” rating for the company in a research report on Tuesday, December 4th. Berenberg Bank reissued a “buy” rating on shares of Gocompare.Com Group in a research report on Friday. Finally, Royal Bank of Canada increased their target price on shares of Gocompare.Com Group from GBX 125 ($1.63) to GBX 135 ($1.76) and gave the stock an “outperform” rating in a research report on Friday, February 22nd.
In other Gocompare.Com Group news, insider Peter Wood bought 17,783,588 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The stock was purchased at an average price of GBX 64 ($0.84) per share, with a total value of £11,381,496.32 ($14,871,940.83). Also, insider Adrian Webb bought 15,000 shares of the company’s stock in a transaction that occurred on Thursday, February 28th. The shares were acquired at an average cost of GBX 66 ($0.86) per share, with a total value of £9,900 ($12,936.10). In the last three months, insiders have purchased 17,798,997 shares of company stock valued at $1,139,169,691.
Shares of GOCO stock opened at GBX 72.19 ($0.94) on Tuesday. The stock has a market cap of $302.29 million and a PE ratio of 11.46. Gocompare.Com Group has a 1-year low of GBX 61.40 ($0.80) and a 1-year high of GBX 143 ($1.87).
Gocompare.Com Group (LON:GOCO) last announced its quarterly earnings data on Thursday, February 28th. The company reported GBX 7.80 ($0.10) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 7.90 ($0.10) by GBX (0.10) ($0.00). As a group, research analysts anticipate that Gocompare.Com Group will post 704.000019037747 earnings per share for the current year.
The firm also recently announced a dividend, which will be paid on Tuesday, May 28th. Investors of record on Thursday, May 9th will be given a dividend of GBX 0.80 ($0.01) per share. This represents a yield of 1.22%. The ex-dividend date is Thursday, May 9th. Gocompare.Com Group’s dividend payout ratio (DPR) is presently 0.32%.
About Gocompare.Com Group
GoCompare.com Group plc operates an Internet-based price comparison Website for financial and non-financial products in the United Kingdom. The company's Gocompare.com Website enables people to compare the costs and features of various insurance policies, financial products, and energy tariffs. It provides comparison services for car, motorbike, van, taxi, motorhome, breakdown, home, landlord, student, travel, and pet insurance products, as well as strategic initiatives in the areas of money, energy, home services, life and protection insurance, and other products.
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