Michael Page International Receives “Buy” Rating from Bank of America Corp. (MPI)
Michael Page International (LON:MPI)‘s stock had its “buy” rating restated by equities researchers at Bank of America Corp. in a research report issued on Wednesday, ARN reports. They currently have a GBX 500 ($8.07) target price on the stock. Bank of America Corp.’s target price suggests a potential upside of 0.34% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse upgraded shares of Michael Page International (LON:MPI) from an “underperform” rating to a “neutral” rating in a research note to investors on Monday. They now have a GBX 490 ($7.91) price target on the stock, up previously from GBX 420 ($6.78). Separately, analysts at Goldman Sachs Group Inc. upgraded shares of Michael Page International (LON:MPI) from a “neutral” rating to a “buy” rating in a research note to investors on Friday, September 27th. They now have a GBX 621 ($10.02) price target on the stock, up previously from GBX 449 ($7.24). Finally, analysts at Citigroup Inc. raised their price target on shares of Michael Page International (LON:MPI) from GBX 430 ($6.94) to GBX 500 ($8.07) in a research note to investors on Monday, September 16th. They now have a “neutral” rating on the stock. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 454.84 ($7.34).
Michael Page International (LON:MPI) traded down 0.34% during mid-day trading on Wednesday, hitting GBX 498.30. The stock had a trading volume of 449,787 shares. Michael Page International has a 52-week low of GBX 343.80 and a 52-week high of GBX 509.00. The stock has a 50-day moving average of GBX 473.1 and a 200-day moving average of GBX 418.9. The company’s market cap is £1.526 billion.
Michael Page International plc is a specialist recruitment consultancy. The Company’s customers ranging from global multi-nationals to small and medium enterprises (LON:MPI), source permanent, contract, temporary and interim talent in disciplines, such as accounting, tax and treasury; actuarial; consultancy, strategy and change; design; education; engineering and manufacturing; financial services and banking; health and social care; hospitality and leisure; human resources; information technology and technology; legal; marketing; policy; procurement and supply chain; property and construction; retail; sales, and secretarial.
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