Shares of Gocompare.Com Group PLC (LON:GOCO) have been assigned an average rating of “Buy” from the six brokerages that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 113.25 ($1.48).
GOCO has been the subject of several research analyst reports. Berenberg Bank restated a “buy” rating on shares of Gocompare.Com Group in a report on Friday, March 22nd. Deutsche Bank cut their price target on Gocompare.Com Group from GBX 130 ($1.70) to GBX 120 ($1.57) and set a “buy” rating for the company in a report on Friday, March 22nd. Peel Hunt restated a “buy” rating on shares of Gocompare.Com Group in a report on Wednesday, March 20th. Royal Bank of Canada raised their price target on Gocompare.Com Group from GBX 125 ($1.63) to GBX 135 ($1.76) and gave the company an “outperform” rating in a report on Friday, February 22nd. Finally, Liberum Capital restated a “hold” rating on shares of Gocompare.Com Group in a report on Wednesday, April 3rd.
In related news, insider Peter Wood acquired 17,783,588 shares of Gocompare.Com Group stock in a transaction dated Monday, March 4th. The shares were acquired at an average cost of GBX 64 ($0.84) per share, for a total transaction of £11,381,496.32 ($14,871,940.83). Also, insider Adrian Webb acquired 15,000 shares of Gocompare.Com Group stock in a transaction dated Thursday, February 28th. The stock was bought at an average price of GBX 66 ($0.86) per share, for a total transaction of £9,900 ($12,936.10). Insiders bought a total of 17,798,988 shares of company stock valued at $1,139,169,797 over the last ninety days.
Shares of GOCO stock traded down GBX 3.20 ($0.04) on Friday, hitting GBX 87.10 ($1.14). The company’s stock had a trading volume of 817,948 shares, compared to its average volume of 522,491. Gocompare.Com Group has a fifty-two week low of GBX 61.40 ($0.80) and a fifty-two week high of GBX 143 ($1.87). The company has a market capitalization of $377.86 million and a PE ratio of 13.83.
Gocompare.Com Group (LON:GOCO) last posted its earnings results on Thursday, February 28th. The company reported GBX 7.80 ($0.10) EPS for the quarter, missing analysts’ consensus estimates of GBX 7.90 ($0.10) by GBX (0.10) ($0.00). On average, equities research analysts anticipate that Gocompare.Com Group will post 704.00001766902 earnings per share for the current fiscal year.
The business also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Thursday, May 9th will be paid a GBX 0.80 ($0.01) dividend. This represents a dividend yield of 1.22%. The ex-dividend date is Thursday, May 9th. Gocompare.Com Group’s payout ratio is 0.32%.
Gocompare.Com Group Company Profile
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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