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Madison Pacific Cl B ( (TSE:MPC) ) has provided an announcement.
Madison Pacific Properties Inc. announced changes to its Board of Directors, with Mark Elliott and Jonathan Rees stepping down after years of dedicated service. Alistair Duncan, Jr. and Robert Wiens will join the board, bringing extensive experience in corporate governance and strategic development, which is expected to further strengthen the company’s leadership and support its ongoing growth and success.
The most recent analyst rating on (TSE:MPC) stock is a Hold with a C$5.50 price target. To see the full list of analyst forecasts on Madison Pacific Cl B stock, see the TSE:MPC Stock Forecast page.
Spark’s Take on TSE:MPC Stock
According to Spark, TipRanks’ AI Analyst, TSE:MPC is a Neutral.
Madison Pacific Cl B’s overall stock score is driven by its mixed financial performance and attractive valuation. The company’s operational efficiency and strong cash flow are positive, but the significant net loss and negative return on equity are concerning. The technical analysis suggests a neutral to slightly bearish outlook, while the high dividend yield provides a strong income component, enhancing the stock’s attractiveness despite profitability challenges.
To see Spark’s full report on TSE:MPC stock, click here.
More about Madison Pacific Cl B
Madison Pacific Properties Inc. is a Vancouver-based real estate company listed on the Toronto Stock Exchange under the symbols MPC and MPC.C. The company focuses on real estate development and management, contributing to the growth and success of its industry.
Average Trading Volume: 1,117
Technical Sentiment Signal: Buy
Current Market Cap: C$295.6M
For a thorough assessment of MPC stock, go to TipRanks’ Stock Analysis page.