Galliford Try plc (GFRD) Given Average Recommendation of “Buy” by Brokerages
Galliford Try plc (LON:GFRD) has received an average rating of “Buy” from the eight brokerages that are currently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 1,496.75 ($19.75).
A number of equities research analysts have recently weighed in on GFRD shares. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 1,485 ($19.60) price objective on shares of Galliford Try plc in a research note on Thursday, September 14th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 1,620 ($21.38) price objective on shares of Galliford Try plc in a research note on Tuesday, July 11th. Liberum Capital lifted their price objective on Galliford Try plc from GBX 1,460 ($19.27) to GBX 1,473 ($19.44) and gave the company a “buy” rating in a research note on Wednesday, September 20th. Beaufort Securities reaffirmed a “buy” rating and issued a GBX 1,450 ($19.13) price objective on shares of Galliford Try plc in a research note on Wednesday, July 12th. Finally, Barclays PLC started coverage on Galliford Try plc in a research note on Thursday, July 13th. They issued an “equal weight” rating and a GBX 1,290 ($17.02) price objective for the company.
Galliford Try plc (LON GFRD) opened at 1261.00 on Thursday. The company’s market cap is GBX 1.04 billion. Galliford Try plc has a 52-week low of GBX 1,134.72 and a 52-week high of GBX 1,592.00. The stock’s 50 day moving average price is GBX 1,351.57 and its 200-day moving average price is GBX 1,314.93.
The business also recently announced a dividend, which will be paid on Wednesday, November 22nd. Investors of record on Thursday, October 26th will be paid a dividend of GBX 64 ($0.84) per share. This represents a yield of 4.69%. This is a boost from Galliford Try plc’s previous dividend of $32.00. The ex-dividend date is Thursday, October 26th.
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In related news, insider Graham Prothero sold 4,029 shares of the business’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of GBX 1,353 ($17.85), for a total transaction of £54,512.37 ($71,935.04).
About Galliford Try plc
Galliford Try plc is a United Kingdom-based house building and construction company. The Company operates through six segments: Linden Homes, Partnerships and Regeneration, Building, Infrastructure, PPP Investments and Central Costs. Its Linden Homes segment develops private homes for sale throughout England.
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