Mj Gleeson Plc’s (GLE) “Buy” Rating Reiterated at Liberum Capital

Mj Gleeson Plc’s (GLE) “Buy” Rating Reiterated at Liberum Capital

Separately, Berenberg Bank reissued a buy rating and set a GBX 740 ($9.51) price objective on shares of Mj Gleeson Plc in a report on Tuesday, April 25th.

Liberum Capital restated their buy rating on shares of Mj Gleeson Plc (LON:GLE) in a report issued on Thursday morning. They currently have a GBX 700 ($8.99) price target on the stock.

Shares of Mj Gleeson Plc (LON GLE) opened at 632.00 on Thursday. The stock’s 50 day moving average price is GBX 648.19 and its 200 day moving average price is GBX 593.57. The company’s market capitalization is GBX 341.68 million. Mj Gleeson Plc has a 12-month low of GBX 385.00 and a 12-month high of GBX 695.00.

In other news, insider Jolyon Harrison acquired 1,500 shares of the firm’s stock in a transaction that occurred on Monday, May 22nd. The shares were bought at an average cost of GBX 622 ($7.99) per share, with a total value of £9,330 ($11,984.59). Over the last three months, insiders have purchased 1,600 shares of company stock worth $995,942.

Mj Gleeson Plc Company Profile

M J Gleeson Group PLC is engaged in house building on brownfield land in the North of England with an emphasis on homes for local communities, and land trading, in the South of England, and benefiting from the enhancement of the value of green field sites by securing residential planning consents. The Company’s subsidiaries are engaged in provision of bid management; construction services; house building, housing regeneration and strategic land trading; investment in equity shares and loan stock of project companies delivering services under the Government’s private finance initiative; commercial property development; house building and housing regeneration; strategic land trading, and house building and housing regeneration.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:GLE”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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