Galliford Try (LON:GFRD) Given New GBX 680 Price Target at Berenberg Bank

Galliford Try (LON:GFRD) had its price target lifted by Berenberg Bank from GBX 650 to GBX 680 in a report released on Wednesday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 18.37% from the stock’s previous close.

Galliford Try Price Performance

GFRD stock opened at GBX 574.48 on Wednesday. The firm has a market cap of £567.29 million, a P/E ratio of 16.37, a P/E/G ratio of 0.90 and a beta of 0.46. The firm’s fifty day moving average is GBX 527.38 and its 200 day moving average is GBX 528.91. Galliford Try has a 52 week low of GBX 407.50 and a 52 week high of GBX 585. The company has a debt-to-equity ratio of 43.47, a quick ratio of 0.89 and a current ratio of 0.92.

Insider Activity at Galliford Try

In related news, insider Kevin Boyd acquired 4,000 shares of the firm’s stock in a transaction dated Thursday, April 16th. The shares were purchased at an average price of GBX 528 per share, for a total transaction of £21,120. Corporate insiders own 3.30% of the company’s stock.

Galliford Try Company Profile

Galliford Try is one of the UK’s leading construction groups, working to improve the UK’s built environment, delivering positive, lasting change for the communities we work in on behalf of our clients.

Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment. We see long-term growth and appropriate margins in these markets.

Our company is founded on our values of excellence, passion, integrity and collaboration, and our vision is to be a people-orientated, progressive business, driven by our values to deliver lasting change for our stakeholders and the communities we work in.