Morgan Sindall Group Receives “Hold” Rating from Liberum Capital (MGNS)
Morgan Sindall Group (LON:MGNS)‘s stock had its “hold” rating reaffirmed by Liberum Capital in a research note issued on Tuesday, Analyst Ratings Network reports.
A number of other analysts have also recently weighed in on MGNS. Analysts at Peel Hunt downgraded shares of Morgan Sindall Group to a “sell” rating in a research note to investors on Monday, January 13th. Separately, analysts at Berenberg Bank initiated coverage on shares of Morgan Sindall Group in a research note to investors on Friday, January 10th. They set a “buy” rating on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Morgan Sindall Group in a research note to investors on Friday, November 15th. They now have a GBX 1,000 ($16.48) price target on the stock. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 684.67 ($11.28).
Shares of Morgan Sindall Group (LON:MGNS) traded down 0.50% on Tuesday, hitting GBX 794.00. The stock had a trading volume of 544 shares. Morgan Sindall Group has a 1-year low of GBX 510.50 and a 1-year high of GBX 845.50. The stock has a 50-day moving average of GBX 778.6 and a 200-day moving average of GBX 744.2. The company’s market cap is £338.2 million.
Morgan Sindall Group plc is a construction and regeneration company. The Company operates in five divisions: Construction and Infrastructure; Affordable Housing; Fit Out; Urban Regeneration, and Investments.
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