Michael Page International Given New GBX 425 Price Target at Deutsche Bank (MPI)
Research analysts at Deutsche Bank reduced their price objective on shares of Michael Page International (LON:MPI) from GBX 443 ($7.27) to GBX 425 ($6.97) in a report released on Wednesday, Analyst Ratings.Net reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price objective points to a potential downside of 9.92% from the stock’s previous close.
Michael Page International (LON:MPI) traded down 0.95% during mid-day trading on Wednesday, hitting GBX 469.50. 381,873 shares of the company’s stock traded hands. Michael Page International has a one year low of GBX 353.30 and a one year high of GBX 509.00. The stock has a 50-day moving average of GBX 470.3 and a 200-day moving average of GBX 472.4. The company’s market cap is £1.438 billion.
MPI has been the subject of a number of other recent research reports. Analysts at Credit Suisse upgraded shares of Michael Page International to an “outperform” rating in a research note on Thursday, February 6th. They now have a GBX 530 ($8.70) price target on the stock, up previously from GBX 490 ($8.04). Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Michael Page International in a research note on Thursday, February 6th. They now have a GBX 575 ($9.43) price target on the stock. Finally, analysts at Liberum Capital initiated coverage on shares of Michael Page International in a research note on Friday, January 17th. They set a “buy” rating and a GBX 575 ($9.43) price target on the stock. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 487.87 ($8.00).
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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