Gocompare.Com Group PLC (GOCO) Coverage Initiated by Analysts at Berenberg Bank

Equities researchers at Berenberg Bank started coverage on shares of Gocompare.Com Group PLC (LON:GOCO) in a report released on Wednesday. The brokerage set a “buy” rating and a GBX 130 ($1.68) price target on the stock. Berenberg Bank’s target price indicates a potential upside of 31.65% from the stock’s current price.

A number of other brokerages have also commented on GOCO. Peel Hunt reissued a “buy” rating and set a GBX 120 ($1.55) price target on shares of Gocompare.Com Group PLC in a report on Monday, July 17th. Investec reissued a “sell” rating and set a GBX 99 ($1.28) price target on shares of Gocompare.Com Group PLC in a report on Tuesday, August 1st. Finally, Canaccord Genuity reissued a “hold” rating and set a GBX 106 ($1.37) price target on shares of Gocompare.Com Group PLC in a report on Tuesday, August 1st.

Gocompare.Com Group PLC (LON:GOCO) opened at 98.75 on Wednesday. The firm’s market capitalization is GBX 413.07 million. Gocompare.Com Group PLC has a one year low of GBX 56.50 and a one year high of GBX 117.00. The stock has a 50 day moving average of GBX 106.20 and a 200-day moving average of GBX 98.72.

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Gocompare.Com Group PLC Company Profile

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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