Peel Hunt Reiterates “Hold” Rating for Mj Gleeson (GLE)
Mj Gleeson (LON:GLE)‘s stock had its “hold” rating reissued by research analysts at Peel Hunt in a report issued on Thursday, January 4th. They presently have a GBX 715 ($10.04) price objective on the stock. Peel Hunt’s price objective points to a potential downside of 1.52% from the stock’s previous close.
Separately, Liberum Capital upped their price objective on shares of Mj Gleeson from GBX 804 ($11.29) to GBX 830 ($11.66) and gave the company a “buy” rating in a research note on Wednesday, January 3rd.
Shares of Mj Gleeson (LON:GLE) traded down GBX 8 ($0.11) during midday trading on Thursday, reaching GBX 726 ($10.20). 19,231 shares of the company traded hands, compared to its average volume of 30,178. Mj Gleeson has a one year low of GBX 545 ($7.65) and a one year high of GBX 810 ($11.37).
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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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