Deutsche Bank Lowers Michael Page International plc Price Target to GBX 420 (MPI)
Equities research analysts at Deutsche Bank reduced their price objective on shares of Michael Page International plc (LON:MPI) from GBX 425 ($7.15) to GBX 420 ($7.06) in a research note issued to investors on Tuesday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target points to a potential downside of 4.85% from the company’s current price.
Michael Page International plc (LON:MPI) traded up 1.56% during mid-day trading on Tuesday, hitting GBX 441.40. The stock had a trading volume of 777,927 shares. Michael Page International plc has a 52-week low of GBX 363.10 and a 52-week high of GBX 511.50. The stock’s 50-day moving average is GBX 465. and its 200-day moving average is GBX 471.6. The company’s market cap is £1.419 billion.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Michael Page International plc in a research note on Friday, May 9th. They now have a GBX 600 ($10.09) price target on the stock. Separately, analysts at Jefferies Group downgraded shares of Michael Page International plc to a “hold” rating in a research note on Thursday, May 1st. They now have a GBX 500 ($8.41) price target on the stock, down previously from GBX 580 ($9.76). Finally, analysts at HSBC reiterated an “overweight” rating on shares of Michael Page International plc in a research note on Tuesday, April 29th. They now have a GBX 576 ($9.69) price target on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. Michael Page International plc presently has a consensus rating of “Buy” and a consensus target price of GBX 516 ($8.68).
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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