Morgan Sindall Group PLC Given “Hold” Rating at Liberum Capital (MGNS)
Morgan Sindall Group PLC (LON:MGNS)‘s stock had its “hold” rating reaffirmed by research analysts at Liberum Capital in a report released on Friday. They currently have a GBX 800 ($13.45) price target on the stock. Liberum Capital’s price target would suggest a potential downside of 3.50% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Morgan Sindall Group PLC in a research note on Thursday, May 8th. They now have a GBX 1,000 ($16.81) price target on the stock. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. Morgan Sindall Group PLC currently has a consensus rating of “Hold” and an average price target of GBX 804.60 ($13.53).
Morgan Sindall Group PLC (LON:MGNS) traded up 0.12% on Friday, hitting GBX 829.00. 5,191 shares of the company’s stock traded hands. Morgan Sindall Group PLC has a one year low of GBX 575.00 and a one year high of GBX 845.50. The stock has a 50-day moving average of GBX 804.3 and a 200-day moving average of GBX 780.8. The company’s market cap is £353.8 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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