The Mission Group (LON:TMG) Stock Rating Reaffirmed as “Buy” by Canaccord Genuity Group

The Mission Group (LON:TMG)‘s stock had its “buy” rating reissued by Canaccord Genuity Group in a research note issued on Thursday, September 24th, MarketBeat reports. They presently have a GBX 55 price target on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 111.54% from the company’s current price.

The Mission Group Stock Down 1.9%

Shares of TMG traded down GBX 0.50 during midday trading on Thursday, hitting GBX 26. The company had a trading volume of 156,329 shares, compared to its average volume of 140,228. The company’s 50-day simple moving average is GBX 21.87 and its 200-day simple moving average is GBX 17.85. The company has a debt-to-equity ratio of 45.36, a quick ratio of 1.12 and a current ratio of 1.14. The firm has a market capitalization of £23.56 million, a P/E ratio of -1.22 and a beta of 2.06. The Mission Group has a 1 year low of GBX 12 and a 1 year high of GBX 29.

The Mission Group (LON:TMG) last announced its quarterly earnings data on Tuesday, September 22nd. The company reported GBX (0.10) EPS for the quarter. The Mission Group had a negative return on equity of 26.56% and a negative net margin of 9.38%. As a group, sell-side analysts expect that The Mission Group will post 6.5925926 EPS for the current year.

Insider Activity at The Mission Group

In other news, insider Claudine Collins acquired 51,546 shares of The Mission Group stock in a transaction dated Thursday, July 23rd. The shares were acquired at an average cost of GBX 19 per share, for a total transaction of £9,793.74. Corporate insiders own 23.12% of the company’s stock.

The Mission Group Company Profile

MISSION is a collective of Creative and MarTech Agencies led by entrepreneurs who encourage an independent spirit. Employing 1,000 people across 28 locations and 3 continents, the Group successfully combines its diverse expertise to produce Work That Counts TM for our Clients, whatever their ambitions. Creating real standout, sharing real innovation and delivering real growth for some of the world’s biggest brands.

www.themission.co.uk

Why invest in MISSION?

With a robust business model, a strong track record and a far-reaching programme of growth, there are many good reasons to invest in MISSION.