Mortgage Advice Bureau’s (MAB1) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Mortgage Advice Bureau (LON:MAB1) in a research report sent to investors on Thursday,Digital Look reports. The brokerage currently has a GBX 1,150 price objective on the stock.

Mortgage Advice Bureau Trading Down 1.0%

Shares of MAB1 stock opened at GBX 520 on Thursday. The company has a market capitalization of £299.59 million, a P/E ratio of 20.16, a P/E/G ratio of 0.81 and a beta of 1.04. Mortgage Advice Bureau has a 12-month low of GBX 495 and a 12-month high of GBX 854. The company has a quick ratio of 2.21, a current ratio of 0.71 and a debt-to-equity ratio of 24.62. The firm has a 50-day moving average price of GBX 531.85 and a 200 day moving average price of GBX 589.45.

Insider Activity

In other Mortgage Advice Bureau news, insider Nathan James McLean Imlach bought 369 shares of Mortgage Advice Bureau stock in a transaction dated Tuesday, June 30th. The shares were acquired at an average cost of GBX 520 per share, with a total value of £1,918.80. Insiders have purchased a total of 1,090 shares of company stock valued at $574,643 in the last three months. Insiders own 24.52% of the company’s stock.

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.