Canaccord Genuity Group Upgrades The Mission Group (LON:TMG) to Buy

The Mission Group (LON:TMG) was upgraded by stock analysts at Canaccord Genuity Group to a “buy” rating in a research note issued on Tuesday,Digital Look reports. The firm currently has a GBX 62 ($0.76) target price on the stock, up from their prior target price of GBX 55 ($0.68). Canaccord Genuity Group’s price target would indicate a potential upside of 93.75% from the company’s current price.

The Mission Group Trading Up 1.6 %

LON TMG traded up GBX 0.50 ($0.01) during mid-day trading on Tuesday, hitting GBX 32 ($0.39). The company’s stock had a trading volume of 449,996 shares, compared to its average volume of 534,051. The firm has a market capitalization of £29.07 million, a P/E ratio of -246.15 and a beta of 1.48. The company has a debt-to-equity ratio of 45.49, a current ratio of 1.07 and a quick ratio of 1.12. The Mission Group has a 52-week low of GBX 17 ($0.21) and a 52-week high of GBX 33 ($0.41). The stock’s fifty day simple moving average is GBX 23.72 and its two-hundred day simple moving average is GBX 22.78.

Insider Activity at The Mission Group

In related news, insider Mark Lund bought 82,000 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were acquired at an average cost of GBX 30 ($0.37) per share, for a total transaction of £24,600 ($30,332.92). Company insiders own 37.00% 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.