MJ Gleeson Group plc Now Covered by Analysts at Liberum Capital (GLE)
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.