Galliford Try Downgraded by Jefferies Group to Hold (GFRD)
Galliford Try (LON:GFRD) was downgraded by research analysts at Jefferies Group to a “hold” rating in a report released on Friday, ARN reports. They currently have a GBX 1,303 ($21.47) target price on the stock. Jefferies Group’s price objective indicates a potential upside of 11.08% from the company’s current price.
Galliford Try (LON:GFRD) opened at 1173.00 on Friday. Galliford Try has a 52-week low of GBX 798.00 and a 52-week high of GBX 1234.00. The stock has a 50-day moving average of GBX 1165. and a 200-day moving average of GBX 1082.. The company’s market cap is £950.0 million.
A number of other analysts have also recently weighed in on GFRD. Analysts at Panmure Gordon raised their price target on shares of Galliford Try from GBX 1,000 ($16.48) to GBX 1,071 ($17.65) in a research note to investors on Thursday, January 9th. They now have a “sell” rating on the stock. Separately, analysts at HSBC reiterated an “overweight” rating on shares of Galliford Try in a research note to investors on Wednesday, January 8th. They now have a GBX 1,300 ($21.42) price target on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. Galliford Try currently has a consensus rating of “Hold” and a consensus price target of GBX 1,178.80 ($19.42).
Galliford Try plc is a United Kingdom (LON:GFRD)-based housebuilding and construction company.
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