Is Buying Management Consulting Group PLC Here a Winning Strategy?

 Is Buying Management Consulting Group PLC Here a Winning Strategy?

The stock of Management Consulting Group PLC (LON:MMC) is a huge mover today! The stock closed at GBX 20 during the last session. It is down 36.67% since April 7, 2016 and is uptrending. It has outperformed by 35.58% the S&P500.
The move comes after 8 months positive chart setup for the GBX 100.94M company. It was reported on Nov, 4 by Barchart.com. We have GBX 38.40 PT which if reached, will make LON:MMC worth GBX 92.86 million more.

Management Consulting Group PLC (LON:MMC) Ratings Coverage

Out of 2 analysts covering Management Consulting Group PLC (LON:MMC), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Management Consulting Group PLC has been the topic of 4 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock of Management Consulting Group PLC (LON:MMC) earned “Speculative Buy” rating by Canaccord Genuity on Friday, July 31. Peel Hunt maintained the shares of MMC in a report on Wednesday, March 30 with “Hold” rating.

Management Consulting Group PLC is a United Kingdom firm engaged in the provision of professional services. The company has a market cap of 100.94 million GBP. The Firm operates in two divisions: Alexander Proudfoot and Kurt Salmon. It currently has negative earnings. Alexander Proudfoot delivers financial benefits to its clients by developing and installing processes and programs.

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