Market Tech Holdings Limited (LON:MKT) Rating Reaffirmed
London: In an analyst research report issued to investors and clients on Thursday, 3 December, Canaccord Genuity reiterated their Buy rating on Market Tech Holdings Limited (LON:MKT) shares. They now have a GBX 250.00 target on the firm. Canaccord Genuity’s target gives a potential upside of 18.06% from the company’s last stock close.
From a total of 4 analysts covering Market Tech Holdings Limited Ord 10p (LON:MKT) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is GBX 343 while the lowest target price is GBX 250. The mean of all analyst targets is GBX 297.5 with a 25.00% above today’s (GBX 212) stock price. Market Tech Holdings Limited Ord 10p was the topic of 4 analyst reports since August 14, 2015 according to the firm StockzIntelligence Inc. Berenberg maintained shares on October 29 with “Buy” rating.
Approximately 195,415 shares of stock traded hands or 9.85% up from the average. Market Tech Holdings Ltd (LON:MKT) has declined 15.51% since May 6, 2015 and is downtrending. It has underperformed by 15.22% the S&P500.
Market Tech Holdings Limited is a Guernsey holding company. The company has a market cap of 811.45 million GBP. The Company, through its subsidiaries, combines real estate assets with an e-commerce business operated through an online platform called market.com. It has 13.1 P/E ratio. The Company’s real estate assets business is focused on retail, leisure and entertainment.