Mj Gleeson (GLE) PT Raised to GBX 804
Mj Gleeson (LON:GLE) had its price objective hoisted by Liberum Capital from GBX 765 ($10.30) to GBX 804 ($10.82) in a report released on Thursday morning. The firm currently has a buy rating on the stock.
Separately, Peel Hunt initiated coverage on shares of Mj Gleeson in a research report on Monday, November 13th. They issued a hold rating and a GBX 715 ($9.62) price objective on the stock.
Shares of Mj Gleeson (LON:GLE) opened at GBX 778 ($10.47) on Thursday. Mj Gleeson has a twelve month low of GBX 531.25 ($7.15) and a twelve month high of GBX 779 ($10.48).
In related news, insider Christopher H. B. Mills sold 500,000 shares of the firm’s stock in a transaction dated Thursday, November 23rd. The shares were sold at an average price of GBX 725 ($9.76), for a total transaction of £3,625,000 ($4,878,869.45). Also, insider Jolyon Harrison sold 131,239 shares of the firm’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of GBX 666 ($8.96), for a total transaction of £874,051.74 ($1,176,381.88). Over the last ninety days, insiders have purchased 84 shares of company stock worth $60,100.
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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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