Morgan Sindall Group (LON:MGNS) Insider Mark Robson Purchases 116 Shares

Morgan Sindall Group plc (LON:MGNS) insider Mark Robson acquired 116 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was purchased at an average price of GBX 4,451 per share, for a total transaction of £5,163.16.

Mark Robson also recently made the following trade(s):

• On Wednesday, November 12th, Mark Robson bought 25 shares of Morgan Sindall Group stock. The shares were purchased at an average cost of GBX 4,451 per share, for a total transaction of £1,112.75.

Morgan Sindall Group Trading Down 0.6%

Shares of Morgan Sindall Group stock traded down GBX 25 during mid-day trading on Wednesday, hitting GBX 4,460. The stock had a trading volume of 2,829,035 shares, compared to its average volume of 168,709. The firm has a 50-day moving average of GBX 4,527.50 and a two-hundred day moving average of GBX 4,296.66. The firm has a market cap of £2.10 billion, a P/E ratio of 14.35, a price-to-earnings-growth ratio of -68.20 and a beta of 1.31. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 18.51. Morgan Sindall Group plc has a 12-month low of GBX 2,900 and a 12-month high of GBX 4,995.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on MGNS shares. Peel Hunt reaffirmed an “add” rating and issued a GBX 4,800 target price on shares of Morgan Sindall Group in a research report on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Morgan Sindall Group from GBX 4,600 to GBX 5,000 and gave the stock a “buy” rating in a report on Tuesday, July 29th. Finally, Berenberg Bank lifted their target price on shares of Morgan Sindall Group from GBX 5,000 to GBX 5,250 and gave the company a “buy” rating in a report on Thursday, October 2nd. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, Morgan Sindall Group currently has a consensus rating of “Buy” and a consensus target price of GBX 5,016.67.

Morgan Sindall Group Company Profile

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported an annual revenue of £4.5bn in the full year 2024. The Group employs over 8,000 employees and operates in the public, regulated and private sectors. It reports through six divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure and Property Services.