Mj Gleeson Plc (LON:GLE) Price Target Increased to GBX 742 by Analysts at Liberum Capital
Mj Gleeson Plc (LON:GLE) had its price target lifted by analysts at Liberum Capital from GBX 700 ($9.07) to GBX 742 ($9.61) in a report released on Wednesday. The firm currently has a “buy” rating on the stock. Liberum Capital’s price target indicates a potential upside of 9.12% from the stock’s current price.
Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 740 ($9.59) price objective on shares of Mj Gleeson Plc in a research note on Tuesday, April 25th.
Shares of Mj Gleeson Plc (LON GLE) traded up 1.80% on Wednesday, hitting GBX 680.00. The stock had a trading volume of 13,513 shares. The company’s market cap is GBX 367.64 million. Mj Gleeson Plc has a 52 week low of GBX 445.00 and a 52 week high of GBX 695.00. The firm has a 50 day moving average price of GBX 634.33 and a 200-day moving average price of GBX 605.88.
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In other Mj Gleeson Plc news, insider Jolyon Harrison acquired 1,500 shares of Mj Gleeson Plc stock in a transaction on Monday, May 22nd. The shares were bought at an average price of GBX 622 ($8.06) per share, with a total value of £9,330 ($12,085.49). In the last three months, insiders acquired 1,600 shares of company stock worth $996,957.
About Mj Gleeson Plc
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. The Company’s subsidiaries are engaged in provision of bid management; construction services; house building, housing regeneration and strategic land trading; investment in equity shares and loan stock of project companies delivering services under the Government’s private finance initiative; commercial property development; house building and housing regeneration; strategic land trading, and house building and housing regeneration.
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