MJ Gleeson Group plc Price Target Cut to GBX 466 by Analysts at Liberum Capital (GLE)
Analysts at Liberum Capital dropped their price target on shares of MJ Gleeson Group plc (LON:GLE) from GBX 481 ($8.23) to GBX 466 ($7.98) in a research report issued to clients and investors on Friday. The firm currently has a “buy” rating on the stock. Liberum Capital’s target price would indicate a potential upside of 20.78% from the stock’s previous close.
Shares of MJ Gleeson Group plc (LON:GLE) traded down 1.40% on Friday, hitting GBX 386.00. The stock had a trading volume of 2,725 shares. MJ Gleeson Group plc has a 52-week low of GBX 292.00 and a 52-week high of GBX 467.25. The stock has a 50-day moving average of GBX 381.9 and a 200-day moving average of GBX 390.1. The company’s market cap is £203.9 million.
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 Thursday, July 3rd.
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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