shares4sharing

Is #MGR ready to move up again?

Long
LSE:MGR   None
This share is one of a couple in my portfolio that have lagged behind recently, but I added yesterday @ 36.24p as I think it may bounce from recent support at or around this level. It has a forecast PE ratio of 11.5 but forecast EPS growth of 14.3%. Earning were upgraded in the latter part of the year and it has a price target of 55p. It enjoys a stockrank of 89 and scores high for quality and value... it is only momentum that has been holding it back, so let's see what happens in the new year?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.