Galliford Try (LON:GFRD) Given New GBX 750 Price Target at Berenberg Bank

Galliford Try (LON:GFRD) had its target price raised by Berenberg Bank from GBX 680 to GBX 750 in a research note issued on Thursday, Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 16.82% from the stock’s current price.

Galliford Try Trading Up 4.9%

LON GFRD opened at GBX 642 on Thursday. The company has a debt-to-equity ratio of 43.47, a quick ratio of 0.89 and a current ratio of 0.92. The company has a market capitalization of £634.41 million, a price-to-earnings ratio of 18.29, a price-to-earnings-growth ratio of 0.90 and a beta of 0.47. The company’s 50-day simple moving average is GBX 598.32 and its two-hundred day simple moving average is GBX 549.94. Galliford Try has a one year low of GBX 465 and a one year high of GBX 650.

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.