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MJ Gleeson PLC 9.5% Potential Upside Indicated by Berenberg

MJ Gleeson PLC using EPIC/TICKER code (LON:GLE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. MJ Gleeson PLC are listed in the Consumer Goods sector within UK Main Market. Berenberg have set a target price of 920 GBX on its stock. This now indicates the analyst believes there is a possible upside of 9.5% from the opening price of 840 GBX. Over the last 30 and 90 trading days the company share price has decreased 10 points and increased 66 points respectively. The 1 year high for the share price is 900 GBX while the 52 week low for the stock is 600 GBX.

MJ Gleeson PLC has a 50 day moving average of 841.74 GBX and a 200 day moving average of 799.70. There are currently 54,587,753 shares in issue with the average daily volume traded being 18,619. Market capitalisation for LON:GLE is £455,261,900 GBP.