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The latest update is out from MJ Gleeson PLC ( (GB:GLE) ).
MJ Gleeson PLC announced that its directors and persons discharging management responsibilities have acquired ordinary shares in the company through the Dividend Re-Investment Plans (DRIP). This transaction, conducted on the London Stock Exchange, reflects the directors’ continued investment in the company, potentially signaling confidence in its future performance and stability.
The most recent analyst rating on (GB:GLE) stock is a Hold with a £388.00 price target. To see the full list of analyst forecasts on MJ Gleeson PLC stock, see the GB:GLE Stock Forecast page.
Spark’s Take on GB:GLE Stock
According to Spark, TipRanks’ AI Analyst, GB:GLE is a Neutral.
MJ Gleeson PLC’s overall stock score is driven by a strong balance sheet and reasonable valuation. However, challenges with profitability margins and cash flow volatility weigh on the score. Technical indicators show mixed signals, with short-term bullish momentum but potential bearish pressure.
To see Spark’s full report on GB:GLE stock, click here.
More about MJ Gleeson PLC
Average Trading Volume: 113,166
Technical Sentiment Signal: Sell
Current Market Cap: £221.8M
See more data about GLE stock on TipRanks’ Stock Analysis page.