Morses Club (MCL) Lowered to Hold at Shore Capital

Morses Club (LON:MCL) was downgraded by equities researchers at Shore Capital to a “hold” rating in a report released on Thursday, August 30th.

Other research analysts have also issued reports about the stock. Peel Hunt increased their price target on shares of Morses Club from GBX 165 ($2.15) to GBX 185 ($2.41) and gave the stock a “buy” rating in a research note on Tuesday, June 26th. FinnCap reaffirmed a “corporate” rating on shares of Morses Club in a report on Thursday, August 30th.

Morses Club stock traded up GBX 3.75 ($0.05) during midday trading on Thursday, reaching GBX 145 ($1.89). 20,546 shares of the stock were exchanged, compared to its average volume of 65,298. Morses Club has a 52 week low of GBX 105 ($1.37) and a 52 week high of GBX 161.25 ($2.10).

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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