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. Meanwhile, shares in Moneysupermarket.com were up 1.7p at 279.5p, tracking the wider market higher, with the FTSE 100 up 15.93 points, or 0.2%, at 6906.35. 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 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.