Mortgage Advice Bureau’s (LON:MAB1) Buy Rating Reaffirmed at Canaccord Genuity

Mortgage Advice Bureau (LON:MAB1)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity in a research note issued to investors on Thursday, March 15th. They currently have a GBX 645 ($9.05) target price on the stock. Canaccord Genuity’s price target indicates a potential upside of 2.38% from the company’s current price.

Separately, Shore Capital reaffirmed a “buy” rating on shares of Mortgage Advice Bureau in a report on Monday, January 22nd.

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Shares of LON MAB1 traded up GBX 3 ($0.04) during trading on Thursday, reaching GBX 630 ($8.84). 49,000 shares of the stock were exchanged, compared to its average volume of 34,178. Mortgage Advice Bureau has a twelve month low of GBX 358.25 ($5.03) and a twelve month high of GBX 668 ($9.38).

In other Mortgage Advice Bureau news, insider Nathan James McLean Imlach acquired 244 shares of Mortgage Advice Bureau stock in a transaction dated Wednesday, January 31st. The stock was bought at an average cost of GBX 593 ($8.32) per share, with a total value of £1,446.92 ($2,031.05). Also, insider Katherine Innes Ker bought 3,190 shares of Mortgage Advice Bureau stock in a transaction that occurred on Thursday, April 5th. The stock was purchased at an average cost of GBX 623 ($8.75) per share, with a total value of £19,873.70 ($27,896.83). Insiders purchased 3,794 shares of company stock worth $2,348,444 in the last 90 days.

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Mortgage Advice Bureau Company Profile

Mortgage Advice Bureau (Holdings) plc, through its subsidiaries, provides mortgage advice in the United Kingdom. The company offers its services over the phone and face to face for customers, as well as advice on protection and general insurance products. It provides advice on approximately 12,000 residential and buy-to-let mortgage products through mortgage intermediaries.

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