Peel Hunt reiterated their buy rating on shares of Morgan Sindall Group (LON:MGNS) in a research note issued to investors on Thursday. Peel Hunt currently has a GBX 1,600 ($22.11) target price on the stock.

A number of other research analysts have also issued reports on MGNS. Liberum Capital reiterated a buy rating and issued a GBX 1,550 ($21.41) target price on shares of Morgan Sindall Group in a report on Tuesday, October 31st. Numis Securities reiterated an add rating and issued a GBX 1,565 ($21.62) target price on shares of Morgan Sindall Group in a report on Wednesday, November 1st.

Morgan Sindall Group (LON:MGNS) opened at GBX 1,286 ($17.77) on Thursday. The stock has a market capitalization of $575.17 and a price-to-earnings ratio of 1,148.21. Morgan Sindall Group has a fifty-two week low of GBX 937.08 ($12.95) and a fifty-two week high of GBX 1,520 ($21.00).

In related news, insider John Christopher Morgan sold 50,000 shares of Morgan Sindall Group stock in a transaction on Friday, December 1st. The stock was sold at an average price of GBX 1,380 ($19.07), for a total value of £690,000 ($953,302.02).

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Morgan Sindall Group 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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