Gocompare.Com Group PLC (GOCO) Receives Buy Rating from Peel Hunt

Gocompare.Com Group PLC (LON:GOCO)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a report issued on Thursday. They presently have a GBX 120 ($1.58) price objective on the stock. Peel Hunt’s price objective would suggest a potential upside of 17.94% from the stock’s current price.

GOCO has been the subject of several other reports. Berenberg Bank started coverage on Gocompare.Com Group PLC in a research report on Wednesday, September 13th. They set a “buy” rating and a GBX 130 ($1.72) target price for the company. Investec reaffirmed a “sell” rating and set a GBX 99 ($1.31) target price on shares of Gocompare.Com Group PLC in a research report on Tuesday, August 1st. Finally, Canaccord Genuity raised their target price on Gocompare.Com Group PLC from GBX 92 ($1.21) to GBX 106 ($1.40) and gave the company a “hold” rating in a research report on Tuesday, July 11th.

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In other news, insider Peter Wood sold 21,334,672 shares of the firm’s stock in a transaction on Thursday, October 19th. The stock was sold at an average price of GBX 100 ($1.32), for a total transaction of £21,334,672 ($28,153,433.62). Over the last ninety days, insiders have bought 416 shares of company stock valued at $44,904.

About Gocompare.Com Group PLC

Gocompare.com Group plc is a holding company. The Company’s principal activity is providing an insurance price and product comparison Website. Its segments include Insurance and Strategic Initiatives. It operates a United Kingdom-based price and product comparison Website, Gocompare.com. Gocompare.com offers an online service that enables consumers to compare the prices and features of products.

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