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

The Mission Group (LON:TMG)‘s stock had its “buy” rating reiterated by stock analysts at Canaccord Genuity Group in a report released on Thursday,Digital Look reports. They presently have a GBX 55 price objective on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 205.56% from the company’s current price.

The Mission Group Stock Up 16.1%

Shares of LON TMG opened at GBX 18 on Thursday. The Mission Group has a 12-month low of GBX 12 and a 12-month high of GBX 27. The firm’s 50-day simple moving average is GBX 17.07 and its 200 day simple moving average is GBX 16.85. The company has a quick ratio of 1.12, a current ratio of 1.16 and a debt-to-equity ratio of 50.66. The company has a market cap of £16.31 million, a price-to-earnings ratio of -0.85 and a beta of 2.04.

Insider Activity

In related news, insider Jon Kempster bought 68,852 shares of The Mission Group stock in a transaction dated Wednesday, May 20th. The shares were bought at an average cost of GBX 15 per share, for a total transaction of £10,327.80. Insiders own 23.06% of the company’s stock.

About The Mission Group

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.