Gocompare.Com Group (GOCO) Receives “Buy” Rating from Peel Hunt

Gocompare.Com Group (LON:GOCO)‘s stock had its “buy” rating reiterated by equities researchers at Peel Hunt in a research report issued to clients and investors on Tuesday. They currently have a GBX 140 ($1.96) price objective on the stock. Peel Hunt’s price target suggests a potential upside of 27.27% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the stock. Berenberg Bank increased their target price on shares of Gocompare.Com Group from GBX 130 ($1.82) to GBX 145 ($2.03) and gave the stock a “buy” rating in a research note on Wednesday, December 20th. Deutsche Bank restated a “buy” rating and issued a GBX 145 ($2.03) price objective on shares of Gocompare.Com Group in a research report on Monday, December 4th. Liberum Capital restated a “hold” rating and issued a GBX 104 ($1.46) price objective on shares of Gocompare.Com Group in a research report on Monday, January 15th. Canaccord Genuity raised their price objective on shares of Gocompare.Com Group from GBX 106 ($1.49) to GBX 112 ($1.57) and gave the company a “hold” rating in a research report on Wednesday, December 20th. Finally, Investec reaffirmed a “sell” rating on shares of Gocompare.Com Group in a report on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 125 ($1.75).

Shares of Gocompare.Com Group (LON:GOCO) opened at GBX 110 ($1.54) on Tuesday. Gocompare.Com Group has a 12 month low of GBX 84.62 ($1.19) and a 12 month high of GBX 120 ($1.68). The firm has a market cap of $460.17 and a PE ratio of 2,750.00.

In related news, insider Ashley Steel bought 47,833 shares of the company’s stock in a transaction on Tuesday, December 19th. The stock was bought at an average cost of GBX 104 ($1.46) per share, with a total value of £49,746.32 ($69,750.87). Over the last ninety days, insiders acquired 78,117 shares of company stock valued at $5,010,410.

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Gocompare.Com Group Company Profile

Gocompare.com Group plc is a holding company. The Company’s principal activity is providing an insurance price and product comparison Website. Its segments include Insurance and Strategic Initiatives. It operates a United Kingdom-based price and product comparison Website, Gocompare.com. Gocompare.com offers an online service that enables consumers to compare the prices and features of products.

Analyst Recommendations for Gocompare.Com Group (LON:GOCO)

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