ME Group International plc (LON:MEGP - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 227 ($2.95) and last traded at GBX 225.74 ($2.94), with a volume of 28039 shares traded. The stock had previously closed at GBX 220 ($2.86).
Analysts Set New Price Targets
Several equities research analysts recently commented on the stock. 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 reiterated a "buy" rating and issued a GBX 203 ($2.64) price objective on shares of ME Group International in a research report on Tuesday, July 16th.
View Our Latest Report on MEGP
ME Group International Stock Performance
The firm's 50-day moving average is GBX 197.90 and its 200 day moving average is GBX 183.26. The firm has a market capitalization of £849.59 million, a PE ratio of 1,621.56 and a beta of 1.20.
About ME Group International
(
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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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