MJ Gleeson PLC 24.6% potential upside indicated by Berenberg Bank

MJ Gleeson PLC with ticker (LON:GLE) now has a potential upside of 24.6% according to Berenberg Bank.



Berenberg Bank set a target price of 950 GBX for the company, which when compared to the MJ Gleeson PLC share price of 716 GBX at opening today (01/02/2022) indicates a potential upside of 24.6%. Trading has ranged between 684 (52 week low) and 910 (52 week high) with an average of 26,425 shares exchanging hands daily. The market capitalisation at the time of writing is £419,805,504.

MJ Gleeson plc is a United Kingdom-based company that is primarily focused on house building and land promotion. The Company operates through two segments: Gleeson Homes and Gleeson Land. The Gleeson Homes segment primarily relates to the sale of residential properties. The Gleeson Land segment is in relation to the sale of land interests. It operates in South of England and East, North of England and the Midlands. The Company’s subsidiaries include Gleeson Developments Limited, Gleeson Regeneration Limited, Gleeson Developments (North East) Limited and Gleeson Strategic Land Limited.