Morgan Sindall Group PLC’s (MGNS) “Buy” Rating Reiterated at Peel Hunt
MGNS has been the subject of several other reports. Liberum Capital boosted their price target on shares of Morgan Sindall Group PLC from GBX 650 ($7.90) to GBX 760 ($9.24) and gave the stock a buy rating in a research note on Thursday, November 3rd. Numis Securities Ltd reissued a buy rating and issued a GBX 1,000 ($12.16) price target on shares of Morgan Sindall Group PLC in a research note on Thursday, November 3rd.
Shares of Morgan Sindall Group PLC (LON:MGNS) opened at 831.375 on Tuesday. The firm’s market capitalization is GBX 364.97 million. Morgan Sindall Group PLC has a 52 week low of GBX 560.00 and a 52 week high of GBX 840.00. The stock has a 50 day moving average price of GBX 738.42 and a 200 day moving average price of GBX 703.12.
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In other Morgan Sindall Group PLC news, insider Michael Findlay purchased 4,173 shares of the stock in a transaction on Thursday, November 10th. The stock was acquired at an average cost of GBX 715 ($8.70) per share, with a total value of £29,836.95 ($36,284.75).
About Morgan Sindall Group PLC
Morgan Sindall Group plc is a construction and regeneration company. The Company consists of six divisions, including Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, Urban Regeneration and Investments. Construction & Infrastructure division offers design, construction and infrastructure services working on projects of various sizes for markets, such as commercial, defense and water.
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