Peel Hunt Reiterates “Hold” Rating for Mj Gleeson (GLE)

Peel Hunt reiterated their hold rating on shares of Mj Gleeson (LON:GLE) in a research report released on Monday. The firm currently has a GBX 715 ($9.88) target price on the stock.

Separately, Liberum Capital reissued a buy rating and set a GBX 844 ($11.66) target price on shares of Mj Gleeson in a report on Monday.

Shares of Mj Gleeson (LON GLE) opened at GBX 735 ($10.15) on Monday. Mj Gleeson has a twelve month low of GBX 545 ($7.53) and a twelve month high of GBX 810 ($11.19).

Mj Gleeson (LON:GLE) last issued its earnings results on Monday, February 19th. The company reported GBX 20.90 ($0.29) earnings per share for the quarter. The business had revenue of GBX 7,740 million for the quarter.

In other Mj Gleeson news, insider Christopher H. B. Mills sold 500,000 shares of the stock in a transaction on Thursday, November 23rd. The shares were sold at an average price of GBX 725 ($10.02), for a total transaction of £3,625,000 ($5,008,289.58).

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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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