ME Group International plc (LON:MEGP - Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 214 ($2.78) and last traded at GBX 208.50 ($2.71), with a volume of 200107 shares traded. The stock had previously closed at GBX 211 ($2.74).
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on MEGP. Berenberg Bank reiterated a "buy" rating and issued a GBX 200 ($2.60) price objective on shares of ME Group International in a research report on Monday, July 15th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 203 ($2.64) price target on shares of ME Group International in a report on Tuesday, July 16th.
Read Our Latest Stock Analysis on MEGP
ME Group International Price Performance
The firm has a market capitalization of £800.62 million, a P/E ratio of 1,517.86 and a beta of 1.20. The company's 50 day moving average price is GBX 194.57 and its 200 day moving average price is GBX 180.75.
ME Group International Company Profile
(
Get Free Report)
ME Group International plc operates, sells, and services a range of instant-service equipment in the United Kingdom. The company operates through Asia Pacific, Continental Europe, and United Kingdom and Ireland segments. It operates coin-operated automatic photobooths for identification and fun purposes, as well as vending equipment, including digital photo kiosks, laundry machines, business service equipment, amusement machines, and children's rides.
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