Analyst Price Target is GBX 253.33
▲ +55.61% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for ME Group International in the last 3 months. The average price target is GBX 253.33, with a high forecast of GBX 305 and a low forecast of GBX 220. The average price target represents a 55.61% upside from the last price of GBX 162.80.
Current Consensus is
Buy
The current consensus among 3 polled investment analysts is to buy stock in ME Group International. This Buy consensus rating has held steady for over two years.
ME Group International plc (LSE: MEGP) is an international market leader in automated self-service equipment aimed at the consumer market, with over 48,000 vending units currently in operation.
The Group operates, sells and services a wide range of instant-service vending equipment across 16 countries in its key regions of Continental Europe, the UK & Republic of Ireland and Asia Pacific. The Group’s services include:
Core activities:
• Photo.ME - Photobooths and integrated biometric identification solutions
• Wash.ME - Unattended laundry services and launderettes
Ancillary activities:
• Print.ME - High-quality digital printing kiosks
• Other vending - Primarily foodservice vending equipment (Feed.ME), Children’s rides (Amuse.ME), Photocopier services (Copy.ME)
The Group has a proven track record of innovation and diversification of its products and services, enabling it to respond to the evolving needs of its customers and consumers.
The Group benefits from well-established partnerships and long-term contracts with major site owners in attractive, high-footfall locations, enabling it to offer multiple products and services onsite. Partners include supermarkets, petrol forecourts, shopping malls (indoors and outdoors), transport hubs, and administration buildings (City Halls, Police etc.).
The Company's shares have been listed on the London Stock Exchange since 1962.
For further information: www.me-group.com
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