Matchtech Group Plc Coverage Initiated by Analysts at Sanlam Securities (MTEC)
Sanlam Securities began coverage on shares of Matchtech Group Plc (LON:MTEC) in a research note issued on Tuesday. The firm set a “buy” rating and a GBX 662 ($11.11) price target on the stock. Sanlam Securities’ price target suggests a potential upside of 13.07% from the stock’s previous close.
Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Matchtech Group Plc in a research note on Thursday, August 7th. They now have a GBX 660 ($11.07) price target on the stock.
Matchtech Group Plc (LON:MTEC) opened at 587.75 on Tuesday. Matchtech Group Plc has a one year low of GBX 555.00 and a one year high of GBX 640.00. The stock has a 50-day moving average of GBX 576.2 and a 200-day moving average of GBX 594.2.
Matchtech Group plc is a holding company. The Company, through its subsidiaries, is a technical temporary, contract and permanent staffing businesses working within the four key sectors, such as Engineering, Science & Medical, Built Environment and Information Systems & Technology.
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