JPMorgan Chase & Co. Lowers Michael Page International plc Price Target to GBX 473 (MPI)
Stock analysts at JPMorgan Chase & Co. lowered their price objective on shares of Michael Page International plc (LON:MPI) from GBX 475 ($7.95) to GBX 473 ($7.91) in a report issued on Wednesday, AR Network reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target suggests a potential upside of 2.27% from the stock’s previous close.
Michael Page International plc (LON:MPI) traded up 1.83% during mid-day trading on Wednesday, hitting GBX 462.50. The stock had a trading volume of 1,251,722 shares. Michael Page International plc has a 52 week low of GBX 353.30 and a 52 week high of GBX 511.50. The stock has a 50-day moving average of GBX 485.3 and a 200-day moving average of GBX 476.2. The company’s market cap is £1.431 billion.
The company also recently announced a dividend, which is scheduled for Monday, June 23rd. Investors of record on Wednesday, May 21st will be paid a dividend of GBX 7.25 ($0.12) per share. This represents a dividend yield of 1.45%. The ex-dividend date is Wednesday, May 21st.
A number of other firms have also recently commented on MPI. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Michael Page International plc in a research note on Tuesday. They now have a GBX 425 ($7.11) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Michael Page International plc in a research note on Thursday, March 20th. They now have a GBX 500 ($8.37) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Michael Page International plc in a research note on Tuesday, March 11th. They now have a GBX 600 ($10.04) price target on the stock. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 502.84 ($8.41).
Michael Page International plc is a United Kingdom-based 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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