Gocompare.Com Group (GOCO) Earns Buy Rating from Deutsche Bank

Deutsche Bank reaffirmed their buy rating on shares of Gocompare.Com Group (LON:GOCO) in a research note published on Monday, December 4th. Deutsche Bank currently has a GBX 145 ($1.94) price objective on the stock.

GOCO has been the topic of a number of other research reports. Peel Hunt reissued a buy rating and issued a GBX 120 ($1.60) price target on shares of Gocompare.Com Group in a research note on Monday, December 4th. Liberum Capital restated a hold rating and issued a GBX 104 ($1.39) price objective on shares of Gocompare.Com Group in a report on Friday, November 24th. Finally, Berenberg Bank started coverage on Gocompare.Com Group in a report on Wednesday, September 13th. They set a buy rating and a GBX 130 ($1.74) price target on the stock. 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 stock presently has a consensus rating of Hold and a consensus target price of GBX 120.83 ($1.62).

Shares of Gocompare.Com Group (GOCO) traded up GBX 1.75 ($0.02) during midday trading on Monday, hitting GBX 106.75 ($1.43). 129,900 shares of the stock were exchanged, compared to its average volume of 383,214. Gocompare.Com Group has a twelve month low of GBX 67 ($0.90) and a twelve month high of GBX 117 ($1.56). The firm has a market cap of $446.57 and a PE ratio of 2,668.75.

In related news, insider Ashley Steel acquired 47,833 shares of the stock in a transaction dated Tuesday, December 19th. The stock was acquired at an average cost of GBX 104 ($1.39) per share, with a total value of £49,746.32 ($66,514.67). Also, insider Peter Wood sold 21,334,672 shares of the business’s stock in a transaction dated Thursday, October 19th. The stock was sold at an average price of GBX 100 ($1.34), for a total value of £21,334,672 ($28,526,102.42). Over the last ninety days, insiders acquired 53,276 shares of company stock valued at $5,020,638.

COPYRIGHT VIOLATION NOTICE: This piece of content was posted by Week Herald and is the sole property of of Week Herald. If you are viewing this piece of content on another website, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The correct version of this piece of content can be accessed at https://weekherald.com/2017/12/30/gocompare-com-groups-goco-buy-rating-reiterated-at-deutsche-bank.html.

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)

Receive News & Ratings for Gocompare.Com Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gocompare.Com Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply