Market Tech Holdings Limited (LON:MKT) Rating Reaffirmed
The equities firm has just set a TP of GBX 280.00 on Market Tech Holdings Limited (LON:MKT) shares. This is 30.84% from the last stock price. In a recent report released on Monday morning, Berenberg Bank has decided to restate their Buy rating on shares of MKT.
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 23.83% above today’s (GBX 214) stock price. Market Tech Holdings Limited Ord 10p was the topic of 5 analyst reports since August 14, 2015 according to the firm StockzIntelligence Inc. Canaccord Genuity maintained shares on December 3 with “Buy” rating.
The stock increased 0.47% or GBX 1 on December 7, striking GBX 214. Approximately 682,946 shares of stock traded hands or 296.32% up from the average. Market Tech Holdings Ltd (LON:MKT) has declined 13.72% since May 8, 2015 and is downtrending. It has underperformed by 12.64% the S&P500.
Market Tech Holdings Limited is a Guernsey holding company. The company has a market cap of 811.89 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 12.98 P/E ratio. The Company’s real estate assets business is focused on retail, leisure and entertainment.