Mj Gleeson Plc (GLE) Rating Reiterated by Liberum Capital
Mj Gleeson Plc (LON:GLE)‘s stock had its “buy” rating restated by Liberum Capital in a research note issued to investors on Friday. They presently have a GBX 804 ($10.68) target price on the stock. Liberum Capital’s price target points to a potential upside of 19.11% from the stock’s previous close.
Separately, Berenberg Bank raised their price objective on Mj Gleeson Plc from GBX 740 ($9.83) to GBX 820 ($10.90) and gave the stock a “buy” rating in a research report on Tuesday, July 18th.
Shares of Mj Gleeson Plc (GLE) traded up 1.20% during midday trading on Friday, hitting GBX 675.00. The stock had a trading volume of 38,806 shares. The firm has a 50-day moving average of GBX 650.95 and a 200 day moving average of GBX 651.74. Mj Gleeson Plc has a 12-month low of GBX 467.00 and a 12-month high of GBX 710.00. The firm’s market cap is GBX 364.93 million.
In other news, insider Jolyon Harrison sold 131,239 shares of the stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of GBX 666 ($8.85), for a total value of £874,051.74 ($1,161,376.22). Over the last three months, insiders bought 91 shares of company stock valued at $59,678.
Mj Gleeson Plc Company Profile
MJ Gleeson plc engages in the housebuilding and strategic land trading activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Strategic Land. It focuses on urban housing regeneration activities on brownfield land in the north of England; and strategic land trading, primarily in the south of England.
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