Liberum Capital Cuts Gocompare.Com Group (GOCO) Price Target to GBX 75

Gocompare.Com Group (LON:GOCO) had its price objective decreased by investment analysts at Liberum Capital from GBX 115 ($1.50) to GBX 75 ($0.98) in a report issued on Friday. The brokerage presently has a “hold” rating on the stock. Liberum Capital’s price target suggests a potential downside of 7.03% from the stock’s previous close.

Several other brokerages have also recently weighed in on GOCO. Peel Hunt restated a “buy” rating on shares of Gocompare.Com Group in a research report on Wednesday, October 31st. Deutsche Bank restated a “buy” rating on shares of Gocompare.Com Group in a research report on Thursday, September 13th. Berenberg Bank restated a “buy” rating and issued a GBX 150 ($1.96) price target on shares of Gocompare.Com Group in a research report on Thursday, August 9th. Finally, Canaccord Genuity restated a “hold” rating and issued a GBX 118 ($1.54) price target on shares of Gocompare.Com Group in a research report on Wednesday, August 1st. 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 stock has an average rating of “Hold” and an average target price of GBX 126.60 ($1.65).

Gocompare.Com Group stock opened at GBX 80.67 ($1.05) on Friday. Gocompare.Com Group has a 1 year low of GBX 84.62 ($1.11) and a 1 year high of GBX 120 ($1.57).

In other Gocompare.Com Group news, insider Joe Hurd purchased 2,439 shares of Gocompare.Com Group stock in a transaction that occurred on Monday, September 10th. The shares were bought at an average price of GBX 102 ($1.33) per share, for a total transaction of £2,487.78 ($3,250.73).

Gocompare.Com Group Company Profile

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.

See Also: Fundamental Analysis

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

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