MJ Gleeson PLC 9.0% potential upside indicated by Berenberg Bank

MJ Gleeson PLC with ticker (LON:GLE) now has a potential upside of 9.0% according to Berenberg Bank.

GLE.L

Berenberg Bank set a target price of 643 GBX for the company, which when compared to the MJ Gleeson PLC share price of 590 GBX at opening today (04/11/2024) indicates a potential upside of 9.0%. Trading has ranged between 405 (52 week low) and 654 (52 week high) with an average of 97,358 shares exchanging hands daily. The market capitalisation at the time of writing is £350,772,123.

MJ Gleeson plc is a United Kingdom-based company that specializes in house building and land promotion. The Company operates through two segments: Gleeson Homes and Gleeson Land. The Gleeson Homes segment builds low-cost homes in the North of England and Midlands. The Gleeson Land segment promotes land through the planning system for residential development in the south of the country. It operates in the south of England and the east, North of England, and the Midlands. The Company’s subsidiaries include Gleeson Developments Limited, Gleeson Regeneration Limited, Gleeson Developments (North East) Limited, Gleeson Land Limited, Gleeson Land (Fleet) Limited, Gleeson Construction Services Limited, and others.