Management Consulting Group PL Price Target Cut to GBX 24 (MMC)
Stock analysts at Canaccord Genuity dropped their price objective on shares of Management Consulting Group PL (LON:MMC) from GBX 28 ($0.46) to GBX 24 ($0.40) in a report issued on Wednesday, AnalystRatingsNetwork.com reports. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s target price would indicate a potential downside of 3.03% from the company’s current price.
Management Consulting Group PL (LON:MMC) traded down 4.81% on Wednesday, hitting GBX 24.75. The stock had a trading volume of 3,373,926 shares. Management Consulting Group PL has a 52 week low of GBX 23.50 and a 52 week high of GBX 32.26. The stock has a 50-day moving average of GBX 26.12 and a 200-day moving average of GBX 26.15. The company’s market cap is £119.8 million.
Management Consulting Group PLC (LON:MMC) provides professional services across a range of industries and sectors.
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