Morgan Sindall Group PLC (MGNS) Rating Reiterated by Liberum Capital
Liberum Capital reiterated their buy rating on shares of Morgan Sindall Group PLC (LON:MGNS) in a research note published on Tuesday. Liberum Capital currently has a GBX 1,450 ($18.88) price objective on the stock.
Several other research firms have also recently issued reports on MGNS. Peel Hunt increased their target price on shares of 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 research note on Tuesday. Jefferies Group LLC increased their target price on shares of 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 research note on Tuesday, June 13th. Finally, 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 research note on Wednesday, July 19th.
Shares of Morgan Sindall Group PLC (MGNS) traded up 0.91% on Tuesday, reaching GBX 1435.00. 26,875 shares of the company were exchanged. The firm has a 50 day moving average price of GBX 1,299.62 and a 200-day moving average price of GBX 1,111.55. The stock’s market capitalization is GBX 630.67 million. Morgan Sindall Group PLC has a 12-month low of GBX 636.00 and a 12-month high of GBX 1,500.00.
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In other Morgan Sindall Group PLC news, insider Steve Crummett sold 13,174 shares of the stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of GBX 1,190 ($15.50), for a total value of £156,770.60 ($204,154.97).
Morgan Sindall Group PLC Company Profile
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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