Mj Gleeson Plc (GLE) Given New GBX 804 Price Target at Liberum Capital
Mj Gleeson Plc (LON:GLE) had its price objective increased by Liberum Capital from GBX 765 ($10.15) to GBX 804 ($10.66) in a research note released on Tuesday. They currently have a buy rating on the stock.
Separately, Berenberg Bank upped their price target on shares of Mj Gleeson Plc from GBX 740 ($9.82) to GBX 820 ($10.88) and gave the stock a buy rating in a research note on Tuesday, July 18th.
Mj Gleeson Plc (LON GLE) traded up 2.07% on Tuesday, reaching GBX 689.00. 2,954 shares of the company’s stock traded hands. The firm’s 50 day moving average price is GBX 630.99 and its 200 day moving average price is GBX 647.22. Mj Gleeson Plc has a 12 month low of GBX 467.00 and a 12 month high of GBX 708.50. The company’s market cap is GBX 372.50 million.
The business also recently declared a dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 16th will be given a GBX 17.50 ($0.23) dividend. This is a boost from Mj Gleeson Plc’s previous dividend of $6.50. The ex-dividend date is Thursday, November 16th. This represents a yield of 2.69%.
About Mj Gleeson Plc
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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