MJ Gleeson (LON:GLE) Given New GBX 1,050 Price Target at Liberum Capital

MJ Gleeson (LON:GLE) had its price target lifted by Liberum Capital from GBX 909 ($11.96) to GBX 1,050 ($13.81) in a research report sent to investors on Thursday, January 9th, Stock Target Advisor reports. They currently have a buy rating on the stock.

Several other equities analysts also recently weighed in on GLE. Berenberg Bank lifted their price target on shares of MJ Gleeson from GBX 900 ($11.84) to GBX 920 ($12.10) and gave the company a buy rating in a report on Monday, September 16th. Canaccord Genuity lifted their price target on shares of MJ Gleeson from GBX 870 ($11.44) to GBX 920 ($12.10) and gave the company a hold rating in a report on Tuesday, January 7th. Peel Hunt reaffirmed a hold rating on shares of MJ Gleeson in a report on Monday, December 2nd. Finally, Peel Hunt boosted their target price on shares of MJ Gleeson from GBX 745 ($9.80) to GBX 800 ($10.52) and gave the stock a hold rating in a report on Monday, September 16th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of GBX 970 ($12.76).

Shares of LON GLE opened at GBX 980 ($12.89) on Thursday. MJ Gleeson has a 12-month low of GBX 690 ($9.08) and a 12-month high of GBX 1,010 ($13.29). The firm has a market capitalization of $542.31 million and a price-to-earnings ratio of 16.39. The firm has a 50 day moving average of GBX 896.64 and a 200 day moving average of GBX 830.41.

In other news, insider Stefan Allanson sold 13,398 shares of the business’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of GBX 939 ($12.35), for a total value of £125,807.22 ($165,492.27).

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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Analyst Recommendations for MJ Gleeson (LON:GLE)

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