MJ Gleeson (LON:GLE) had its target price upped by Berenberg Bank from GBX 900 ($11.76) to GBX 920 ($12.02) in a research report sent to investors on Monday morning, Digital Look reports. The firm currently has a buy rating on the stock.
Other analysts have also issued reports about the stock. Liberum Capital upped their target price on shares of MJ Gleeson from GBX 900 ($11.76) to GBX 909 ($11.88) and gave the stock a buy rating in a research note on Monday. Peel Hunt upped their target price on shares of MJ Gleeson from GBX 745 ($9.73) to GBX 800 ($10.45) and gave the stock a hold rating in a research note on Monday. Finally, Peel Hunt upped their target price on shares of MJ Gleeson from GBX 745 ($9.73) to GBX 800 ($10.45) and gave the stock a hold rating in a research note on Monday.
GLE stock opened at GBX 812 ($10.61) on Monday. The company’s 50 day moving average price is GBX 838.68 and its 200 day moving average price is GBX 818.59. MJ Gleeson has a fifty-two week low of GBX 600 ($7.84) and a fifty-two week high of GBX 940 ($12.28). The firm has a market capitalization of $443.25 million and a price-to-earnings ratio of 12.10.
MJ Gleeson Company Profile
MJ Gleeson plc engages in urban housing regeneration and strategic land trading activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Strategic Land. It engages in house building activities on brownfield land in the north of England; and strategic land trading primarily in the south of England.
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