Mj Gleeson (GLE) Given “Buy” Rating at Liberum Capital

Mj Gleeson (LON:GLE)‘s stock had its “buy” rating reissued by analysts at Liberum Capital in a research note issued on Monday, February 19th. They currently have a GBX 844 ($11.66) target price on the stock. Liberum Capital’s price objective would indicate a potential upside of 11.94% from the stock’s previous close.

Separately, Peel Hunt reaffirmed a “hold” rating and issued a GBX 715 ($9.88) price objective on shares of Mj Gleeson in a research report on Thursday, January 4th.

Shares of Mj Gleeson (LON:GLE) traded down GBX 8 ($0.11) during trading hours on Monday, hitting GBX 754 ($10.42). The stock had a trading volume of 17,012 shares, compared to its average volume of 96,067. Mj Gleeson has a twelve month low of GBX 550 ($7.60) and a twelve month high of GBX 810 ($11.19).

Mj Gleeson (LON:GLE) last announced its quarterly earnings data on Monday, February 19th. The company reported GBX 20.90 ($0.29) EPS for the quarter. The business had revenue of GBX 7,740 million during the quarter.

In related news, insider Jolyon Harrison acquired 1,500 shares of Mj Gleeson stock in a transaction on Monday, February 19th. The shares were bought at an average price of GBX 724 ($10.00) per share, for a total transaction of £10,860 ($15,004.14). Also, insider Christopher H. B. Mills sold 740,360 shares of the business’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of GBX 800 ($11.05), for a total value of £5,922,880 ($8,183,033.99).

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About Mj Gleeson

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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