Canaccord Genuity Group Reiterates Buy Rating for The Mission Group (LON:TMG)

The Mission Group (LON:TMGGet Free Report)‘s stock had its “buy” rating restated by investment analysts at Canaccord Genuity Group in a research report issued on Thursday,Digital Look reports. They currently have a GBX 55 price objective on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 200.14% from the company’s previous close.

The Mission Group Price Performance

Shares of LON TMG opened at GBX 18.32 on Thursday. The firm has a market capitalization of £16.60 million, a P/E ratio of -0.86 and a beta of 2.04. The firm’s 50-day moving average price is GBX 17.27 and its 200-day moving average price is GBX 16.86. The company has a current ratio of 1.16, a quick ratio of 1.12 and a debt-to-equity ratio of 50.66. The Mission Group has a 1-year low of GBX 12 and a 1-year high of GBX 27.

Insider Buying and Selling

In other news, insider Claudine Collins acquired 51,546 shares of the firm’s stock in a transaction dated Thursday, July 23rd. The stock was purchased at an average price of GBX 19 per share, for a total transaction of £9,793.74. Also, insider Jon Kempster bought 68,852 shares of the stock in a transaction dated Wednesday, May 20th. The shares were purchased at an average cost of GBX 15 per share, for a total transaction of £10,327.80. 23.06% of the stock is currently owned by corporate insiders.

About The Mission Group

(Get Free Report)

MISSION is a collective of Creative and MarTech Agencies led by entrepreneurs who encourage an independent spirit. Employing 1,000 people across 28 locations and 3 continents, the Group successfully combines its diverse expertise to produce Work That Counts TM for our Clients, whatever their ambitions. Creating real standout, sharing real innovation and delivering real growth for some of the world’s biggest brands.

www.themission.co.uk

Why invest in MISSION?

With a robust business model, a strong track record and a far-reaching programme of growth, there are many good reasons to invest in MISSION.

Further Reading

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