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Equities researchers at Liberum Capital began coverage on shares of MJ Gleeson Group plc (LON:GLE) in a research report issued on Wednesday, AnalystRatings.Net reports. The firm set a “buy” rating and a GBX 477 ($7.84) price target on the stock. Liberum Capital’s price target would indicate a potential upside of 14.94% from the stock’s previous close.

MJ Gleeson Group plc (LON:GLE) traded up 2.47% during mid-day trading on Wednesday, hitting GBX 415.00. 8,916 shares of the company’s stock traded hands. MJ Gleeson Group plc has a one year low of GBX 170.00 and a one year high of GBX 415.00. The stock has a 50-day moving average of GBX 365.9 and a 200-day moving average of GBX 331.3. The company’s market cap is £218.2 million.

Several other analysts have also recently commented on the stock. Analysts at N+1 Singer reiterated a “corporate” rating on shares of MJ Gleeson Group plc in a research note to investors on Monday, January 6th.

M J Gleeson Group PLC is a United Kingdom-based company. The Company operates in five divisions: Gleeson Regeneration & Homes, which focuses on estate regeneration and housing development on brownfield land in the North of England; Gleeson Strategic Land focuses on the purchase of options over land in the South of England; Gleeson Capital Solutions manages the Group’s Private Financing Initiative investments in social housing; Gleeson Commercial Property Developments is engaged in commercial property development in the United Kingdom, and Gleeson Construction Services includes constructions services in the United Kingdom.

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