Michael Page International plc Receives Buy Rating from Natixis (MPI)
Michael Page International plc (LON:MPI)‘s stock had its “buy” rating restated by equities research analysts at Natixis in a research note issued to investors on Wednesday, StockRatingsNetwork reports. They currently have a GBX 580 ($9.70) price objective on the stock. Natixis’ price objective points to a potential upside of 27.70% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Michael Page International plc in a research note on Wednesday. They now have a GBX 607 ($10.16) price target on the stock. Separately, analysts at JPMorgan Chase & Co. cut their price target on shares of Michael Page International plc from GBX 475 ($7.95) to GBX 473 ($7.91) in a research note on Wednesday. They now have a “neutral” rating on the stock. Finally, 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. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of GBX 502.84 ($8.41).
Shares of Michael Page International plc (LON:MPI) traded up 2.25% during mid-day trading on Wednesday, hitting GBX 464.40. The stock had a trading volume of 867,703 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’s 50-day moving average is GBX 485.3 and its 200-day moving average is GBX 476.2. The company’s market cap is £1.437 billion.
The company also recently declared a dividend, which is scheduled for Monday, June 23rd. Shareholders of record on Wednesday, May 21st will be given a dividend of GBX 7.25 ($0.12) per share. This represents a yield of 1.45%. The ex-dividend date of this dividend is Wednesday, May 21st.
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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