Morses Club (LON:MCL) Earns Buy Rating from Shore Capital

Shore Capital reiterated their buy rating on shares of Morses Club (LON:MCL) in a research note issued to investors on Thursday, October 4th.

A number of other analysts have also recently issued reports on MCL. Peel Hunt lifted their target price on shares of Morses Club from GBX 165 ($2.16) to GBX 185 ($2.42) and gave the company a buy rating in a research note on Tuesday, June 26th. FinnCap restated a corporate rating on shares of Morses Club in a research note on Tuesday, June 26th.

LON MCL traded down GBX 0.50 ($0.01) during trading on Thursday, reaching GBX 140.75 ($1.84). The company’s stock had a trading volume of 17,131 shares, compared to its average volume of 65,298. Morses Club has a 1-year low of GBX 105 ($1.37) and a 1-year high of GBX 161.25 ($2.11).

The business also recently announced a dividend, which will be paid on Saturday, January 19th. Investors of record on Thursday, December 27th will be paid a dividend of GBX 2.60 ($0.03) per share. This represents a yield of 1.83%. The ex-dividend date of this dividend is Thursday, December 27th.

Morses Club Company Profile

Morses Club PLC, together with its subsidiaries, provides home collected credit services in the United Kingdom. It offers small cash loans between £100 and £1000. The company offers consumer credit through a network of 98 branches and approximately 2,030 self-employed agents, as well as online channels.

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