ME Group International (MEGP) Share Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ME Group International in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MEGP shares.
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2 equities research analysts have issued 12-month target prices for ME Group International's stock. Their MEGP share price forecasts range from GBX 180 to GBX 200. On average, they expect the company's share price to reach GBX 190 in the next twelve months. This suggests a possible upside of 27.2% from the stock's current price.
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ME Group International's stock was trading at GBX 140 at the beginning of the year. Since then, MEGP shares have increased by 6.7% and is now trading at GBX 149.40.
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ME Group International declared a dividend on Wednesday, July 12th. Shareholders of record on Thursday, November 2nd will be paid a dividend of GBX 2.97 per share on Thursday, November 23rd. This represents a yield of 1.8%. The ex-dividend date is Thursday, November 2nd. This is a boost from the stock's previous dividend of GBX 0.60. The official announcement can be viewed at this link.
Read our dividend analysis for MEGP.

ME Group International (LON:MEGP) pays an annual dividend of GBX 6 per share and currently has a dividend yield of 3.69%. The dividend payout ratio is 5,454.55%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MEGP.

ME Group International trades on the London Stock Exchange (LON) under the ticker symbol "MEGP."

Shares of MEGP stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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One share of MEGP stock can currently be purchased for approximately GBX 149.40.

ME Group International (LON:MEGP) has a market capitalization of £564.79 million and generates £288.34 million in revenue each year. The company earns £42.75 million in net income (profit) each year or GBX 0.11 on an earnings per share basis.

The company employs 1,083 workers across the globe.

ME Group International's mailing address is Unit 3B, Blenheim Road, Epsom KT19 9AP, United Kingdom. The official website for the company is www.me-group.com. The company can be reached via phone at 44-13-7245-3399.