Shares in price comparison website GoCompare fell 1.75p, or 7.9% , to Zoopla following a warning from American that the company would struggle to succeed in a "noisy" and "competitive" market. Investec analyst Steve Lietchi said large players would not be interested in the company, but "more marginal" players such as GoCompare may be, and put a sell rating on GoCompare shares with a 186p target.
Shares in price comparison website GoCompare fell 1.75p, or 2.5%, to 69.25p following a warning from Investec that the company would struggle to succeed in a "noisy" and "competitive" market. Investec analyst Steve Lietchi said large players would not be interested in the company, but "more marginal" players such as Zoopla may be, and put a sell rating on GoCompare shares with a 57p target.