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

Peel Hunt reaffirmed their buy rating on shares of Gocompare.Com Group (LON:GOCO) in a report issued on Wednesday, October 3rd.

GOCO has been the topic of a number of other research reports. Berenberg Bank lifted their price target on Gocompare.Com Group from GBX 145 ($1.89) to GBX 150 ($1.96) and gave the company a buy rating in a report on Wednesday, June 20th. Liberum Capital reaffirmed a hold rating on shares of Gocompare.Com Group in a report on Tuesday, July 31st. Canaccord Genuity reaffirmed a hold rating and set a GBX 118 ($1.54) price target on shares of Gocompare.Com Group in a report on Wednesday, August 1st. Finally, Deutsche Bank reaffirmed a buy rating on shares of Gocompare.Com Group in a report on Thursday, September 13th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of GBX 134.60 ($1.76).

LON:GOCO opened at GBX 93.50 ($1.22) on Wednesday. Gocompare.Com Group has a one year low of GBX 84.62 ($1.11) and a one year high of GBX 120 ($1.57).

Gocompare.Com Group (LON:GOCO) last issued its earnings results on Tuesday, July 31st. The company reported GBX 3.80 ($0.05) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of GBX 3.80 ($0.05).

The company also recently announced a dividend, which was paid on Friday, October 5th. Investors of record on Thursday, September 13th were issued a dividend of GBX 0.80 ($0.01) per share. This is a boost from Gocompare.Com Group’s previous dividend of $0.70. The ex-dividend date of this dividend was Thursday, September 13th. This represents a yield of 0.66%.

In other news, insider Joe Hurd bought 2,439 shares of the company’s stock in a transaction that occurred on Monday, September 10th. The shares were purchased at an average price of GBX 102 ($1.33) per share, with a total value of £2,487.78 ($3,250.73). In the last three months, insiders have purchased 2,714 shares of company stock worth $278,876.

About Gocompare.Com Group

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

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