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

Canaccord Genuity Group upgraded shares of The Mission Group (LON:TMG) to a buy rating in a research note issued to investors on Tuesday, Marketbeat Ratings reports. The brokerage currently has GBX 62 ($0.77) price target on the stock, up from their previous price target of GBX 55 ($0.68).

The Mission Group Price Performance

LON TMG opened at GBX 31.13 ($0.38) on Tuesday. The company has a 50-day moving average price of GBX 24.25 and a 200-day moving average price of GBX 22.93. The Mission Group has a 52 week low of GBX 17 ($0.21) and a 52 week high of GBX 33 ($0.41). The company has a quick ratio of 1.12, a current ratio of 1.07 and a debt-to-equity ratio of 45.49. The firm has a market capitalization of £28.27 million, a P/E ratio of -239.42 and a beta of 1.48.

Insider Buying and Selling

In other news, insider Mark Lund bought 82,000 shares of The Mission Group stock in a transaction that occurred on Thursday, January 2nd. The stock was bought at an average cost of GBX 30 ($0.37) per share, with a total value of £24,600 ($30,385.38). 37.00% of the stock is owned by insiders.

The Mission Group Company Profile

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.