MJ Gleeson Group plc’s Buy Rating Reaffirmed at Liberum Capital (GLE)
MJ Gleeson Group plc (LON:GLE)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research note issued to investors on Thursday. They currently have a GBX 499 ($8.47) price objective on the stock. Liberum Capital’s target price would suggest a potential upside of 32.01% from the stock’s previous close.
A number of other analysts have also recently weighed in on GLE. Analysts at N+1 Singer reiterated a “corporate” rating on shares of MJ Gleeson Group plc in a research note on Friday, April 25th.
Shares of MJ Gleeson Group plc (LON:GLE) opened at 368.75 on Thursday. MJ Gleeson Group plc has a 1-year low of GBX 277.00 and a 1-year high of GBX 467.25. The stock has a 50-day moving average of GBX 383.5 and a 200-day moving average of GBX 381.8. The company’s market cap is £194.8 million.
M J Gleeson Group PLC is engaged in house building on brownfield land in the North of England with an emphasis on homes for local communities, and land trading, in the South of England, and benefiting from the enhancement of the value of green field sites by securing residential planning consents.
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