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An update from MJ Gleeson PLC ( (GB:GLE) ) is now available.
MJ Gleeson PLC, a company listed on the London Stock Exchange, has announced that several of its directors and persons discharging management responsibilities have acquired ordinary shares in the company. This acquisition was made through a Profit Sharing Employee Share Ownership Scheme, which is approved by HMRC, at a price of £3.93 per share. The transactions, involving key figures such as the Chief Financial Officer, Company Secretary, Chief Executive Officer, and Chief Operating Officer, reflect a significant internal investment in the company, potentially signaling confidence in its future performance.
The most recent analyst rating on (GB:GLE) stock is a Buy with a £435.00 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 Outperform.
MJ Gleeson PLC’s overall stock score is driven by strong technical indicators and positive corporate events, indicating confidence in future performance. However, financial performance challenges, particularly in profitability and cash flow, moderate the score.
To see Spark’s full report on GB:GLE stock, click here.
More about MJ Gleeson PLC
Average Trading Volume: 107,220
Technical Sentiment Signal: Sell
Current Market Cap: £228.8M
Learn more about GLE stock on TipRanks’ Stock Analysis page.