MJ Gleeson (GLE) Price Target Raised to GBX 715

Share on StockTwits

MJ Gleeson (LON:GLE) had its price objective lifted by analysts at Peel Hunt from GBX 630 ($8.23) to GBX 715 ($9.34) in a report issued on Thursday. The firm currently has a “hold” rating on the stock. Peel Hunt’s target price would suggest a potential downside of 7.98% from the stock’s previous close.

Several other analysts have also weighed in on GLE. Liberum Capital reiterated a “buy” rating and set a GBX 835 ($10.91) target price on shares of MJ Gleeson in a research note on Monday. Berenberg Bank lowered their target price on shares of MJ Gleeson from GBX 920 ($12.02) to GBX 900 ($11.76) and set a “buy” rating for the company in a research note on Monday, January 28th.

GLE stock opened at GBX 777 ($10.15) on Thursday. MJ Gleeson has a 1-year low of GBX 550 ($7.19) and a 1-year high of GBX 810 ($10.58).

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.

Recommended Story: What is the Coverage Ratio?

Receive News & Ratings for MJ Gleeson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MJ Gleeson and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2019 BBNS.