Canaccord Genuity Group Reaffirms “Buy” Rating for The Mission Group (LON:TMG)

The Mission Group (LON:TMG – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity Group in a report issued on Thursday, MarketBeat.com reports. They currently have a GBX 55 target price on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 98.20% from the stock’s previous close.

The Mission Group Stock Performance

TMG stock opened at GBX 27.75 on Thursday. The stock’s 50 day simple moving average is GBX 21.15 and its 200 day simple moving average is GBX 17.68. The company has a current ratio of 1.14, a quick ratio of 1.12 and a debt-to-equity ratio of 45.36. The Mission Group has a 12-month low of GBX 12 and a 12-month high of GBX 29. The stock has a market capitalization of £25.14 million, a PE ratio of -1.30 and a beta of 2.06.

The Mission Group (LON:TMG – Get Free Report) last posted its earnings results 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, research analysts forecast that The Mission Group will post 6.5925926 earnings per share for the current fiscal year.

Insider Buying and Selling

In other The Mission Group news, insider Claudine Collins bought 51,546 shares of the firm’s stock in a transaction on Thursday, July 23rd. The stock was acquired at an average price of GBX 19 per share, with a total value of £9,793.74. Insiders own 23.12% of the company’s stock.

The Mission Group Company Profile

(Get Free Report)

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.

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