Mj Gleeson (GLE) Given New GBX 830 Price Target at Liberum Capital

Mj Gleeson (LON:GLE) had its price objective boosted by Liberum Capital from GBX 804 ($10.75) to GBX 830 ($11.10) in a report published on Wednesday. The firm currently has a buy rating on the stock.

Separately, Peel Hunt reissued a hold rating and issued a GBX 804 ($10.75) price target on shares of Mj Gleeson in a research note on Thursday, December 7th.

Mj Gleeson (LON GLE) traded up GBX 12 ($0.16) during midday trading on Wednesday, reaching GBX 797 ($10.66). The company had a trading volume of 72,429 shares, compared to its average volume of 20,288. Mj Gleeson has a 1-year low of GBX 531.25 ($7.10) and a 1-year high of GBX 802 ($10.72).

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 ($9.69), for a total value of £3,625,000 ($4,846,904.67).

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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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