MJ Gleeson Group plc PT Raised to GBX 499 (GLE)
Research analysts at Liberum Capital upped their price target on shares of MJ Gleeson Group plc (LON:GLE) from GBX 477 ($7.99) to GBX 499 ($8.36) in a report released on Tuesday, Analyst Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Liberum Capital’s target price would suggest a potential upside of 19.38% from the stock’s previous close.
MJ Gleeson Group plc (LON:GLE) traded down 7.06% during mid-day trading on Tuesday, hitting GBX 418.00. The stock had a trading volume of 57,101 shares. MJ Gleeson Group plc has a one year low of GBX 170.00 and a one year high of GBX 467.25. The stock’s 50-day moving average is GBX 393.1 and its 200-day moving average is GBX 339.9. The company’s market cap is £219.8 million.
A number of other firms have also recently commented on GLE. Analysts at N+1 Singer reiterated a “corporate” rating on shares of MJ Gleeson Group plc in a research note on Monday.
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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