Morgan Sindall Group PLC (LON:MGNS)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research report issued to clients and investors on Tuesday. They presently have a GBX 1,450 ($18.88) price target on the stock. Liberum Capital’s price target indicates a potential upside of 1.05% from the stock’s current price.
Other equities analysts have also recently issued research reports about the company. Numis Securities Ltd reiterated an “add” rating and issued a GBX 1,350 ($17.58) target price on shares of Morgan Sindall Group PLC in a report on Wednesday, July 19th. Peel Hunt lifted their target price on Morgan Sindall Group PLC from GBX 1,400 ($18.23) to GBX 1,500 ($19.53) and gave the stock a “buy” rating in a report on Tuesday. Finally, Jefferies Group LLC lifted their target price on Morgan Sindall Group PLC from GBX 1,205 ($15.69) to GBX 1,469 ($19.13) and gave the stock a “buy” rating in a report on Tuesday, June 13th.
Shares of Morgan Sindall Group PLC (LON:MGNS) opened at 1437.00 on Tuesday. The company’s market cap is GBX 631.55 million. Morgan Sindall Group PLC has a 12 month low of GBX 637.43 and a 12 month high of GBX 1,500.00. The firm has a 50-day moving average price of GBX 1,303.41 and a 200 day moving average price of GBX 1,115.82.
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In other news, insider Steve Crummett sold 13,174 shares of Morgan Sindall Group PLC stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of GBX 1,190 ($15.50), for a total value of £156,770.60 ($204,154.97).
About Morgan Sindall Group PLC
Morgan Sindall Group plc is a construction and regeneration company. The Company operates through various divisions, including construction and infrastructure, fit out, property services, partnership housing, urban regeneration and investments. The Company’s construction and infrastructure division provides specialist construction and infrastructure design and build services on projects, frameworks and alliances.
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