Analyst Price Target is GBX 500
▲ +26.55% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for MJ Gleeson in the last 3 months. The average price target is GBX 500, with a high forecast of GBX 500 and a low forecast of GBX 500. The average price target represents a 26.55% upside from the last price of GBX 395.10.
Current Consensus is
Buy
The current consensus among 1 polled investment analysts is to buy stock in MJ Gleeson. This rating has held steady since January 2024, when it changed from a Strong Buy consensus rating.
MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land.
Gleeson Homes, under the banner of "Building Homes. Changing Lives" builds high-quality affordable homes across the Midlands and North of England. To meet customer demand, and without compromising affordability, the range of homes available extends from one-bed apartments to five-bedroom houses. With a two-bedroom home available from £100,000, a key objective is to ensure that on all of our developments, a meaningful proportion of homes are affordable to a couple earning the National Living Wage. Buying a Gleeson home typically costs less than renting a similar property. All Gleeson homes are traditional brick built semi or detached homes.
As a high-quality, affordable housebuilder, Gleeson has strong and inherent sustainability credentials. Its social purpose underpins the Company's strategy and Gleeson measures itself closely against UN SDGs 5, 8, 11, 12, 13 and 15. More details on the Company's approach to sustainability can be found at: www.mjgleesonplc.com/sustainability.
Gleeson Land, which operates under the banner of 'Promoting Land. Unlocking Value' is the Group's land promotion division operating in the South, West and Central England. Gleeson Land identifies development opportunities and works with landowners and stakeholders to both enhance the value of the property and to promote land through the residential planning system, ultimately managing the sale of these sites to other developers on behalf of landowners.
More details on the Company can be found at: https://www.mjgleesonplc.com/
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