Shares of Gocompare.Com Group PLC (LON:GOCO) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $83.88 and traded as low as $85.70. Gocompare.Com Group shares last traded at $97.50, with a volume of 4,463,762 shares trading hands.
Several equities research analysts recently issued reports on GOCO shares. Royal Bank of Canada boosted their price target on Gocompare.Com Group from GBX 125 ($1.63) to GBX 135 ($1.76) and gave the company an “outperform” rating in a research note on Friday, February 22nd. Peel Hunt cut their target price on Gocompare.Com Group from GBX 140 ($1.83) to GBX 110 ($1.44) and set a “buy” rating for the company in a research note on Thursday, February 28th. Liberum Capital restated a “hold” rating and set a GBX 75 ($0.98) target price on shares of Gocompare.Com Group in a research note on Thursday, February 28th. Berenberg Bank cut their target price on Gocompare.Com Group from GBX 150 ($1.96) to GBX 120 ($1.57) and set a “buy” rating for the company in a research note on Tuesday, March 5th. Finally, Deutsche Bank cut their target price on Gocompare.Com Group from GBX 130 ($1.70) to GBX 120 ($1.57) and set a “buy” rating for the company in a research note on Friday, March 22nd. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of GBX 113.83 ($1.49).
The company has a market capitalization of $408.03 million and a price-to-earnings ratio of 15.48.
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Gocompare.Com Group Company Profile (LON:GOCO)
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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