Prime Markets Reiterates Sell Rating for Michael Page International (MPI)
Michael Page International (LON:MPI)‘s stock had its “sell” rating reaffirmed by equities research analysts at Prime Markets in a research note issued to investors on Tuesday, Analyst RN reports. They currently have a GBX 440 ($7.25) price target on the stock. Prime Markets’ price target would suggest a potential downside of 7.43% from the company’s current price.
Shares of Michael Page International (LON:MPI) traded down 0.77% on Tuesday, hitting GBX 475.30. The stock had a trading volume of 531,126 shares. Michael Page International has a 52-week low of GBX 353.30 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 466.6. The company’s market cap is £1.455 billion.
A number of other firms have also recently commented on MPI. Analysts at Deutsche Bank raised their price target on shares of Michael Page International from GBX 409 ($6.74) to GBX 443 ($7.30) in a research note to investors on Monday. They now have a “hold” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Michael Page International in a research note to investors on Tuesday, January 7th. They now have a GBX 424 ($6.99) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Michael Page International in a research note to investors on Tuesday, December 17th. They now have a GBX 490 ($8.08) price target on the stock. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 481.81 ($7.94).
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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