Mj Gleeson (GLE) Stock Rating Reaffirmed by Liberum Capital

Mj Gleeson (LON:GLE)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a report released on Monday. They presently have a GBX 844 ($11.66) target price on the stock. Liberum Capital’s price objective would indicate a potential upside of 14.05% from the stock’s previous close.

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

Shares of Mj Gleeson (GLE) opened at GBX 740 ($10.22) on Monday. Mj Gleeson has a one year low of GBX 545 ($7.53) and a one year high of GBX 810 ($11.19).

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

In other Mj Gleeson news, insider Jolyon Harrison bought 1,500 shares of the firm’s stock in a transaction that occurred on Monday, February 19th. The stock was bought at an average cost of GBX 724 ($10.00) per share, for a total transaction of £10,860 ($15,004.14). Also, insider Christopher H. B. Mills sold 500,000 shares of the business’s stock in a transaction on Thursday, November 23rd. The shares were sold at an average price of GBX 725 ($10.02), for a total transaction of £3,625,000 ($5,008,289.58).

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Mj Gleeson Company Profile

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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