Morgan Sindall Group (MGNS) Stock Rating Reaffirmed by Liberum Capital
Morgan Sindall Group (LON:MGNS)‘s stock had its “buy” rating reiterated by research analysts at Liberum Capital in a report issued on Wednesday. They presently have a GBX 1,650 ($22.21) target price on the stock. Liberum Capital’s price target would indicate a potential upside of 17.77% from the company’s current price.
Other equities analysts have also issued research reports about the company. Numis Securities raised their price objective on Morgan Sindall Group from GBX 1,350 ($18.17) to GBX 1,565 ($21.06) and gave the company an “add” rating in a research report on Tuesday, August 8th. Peel Hunt raised their price objective on Morgan Sindall Group from GBX 1,500 ($20.19) to GBX 1,600 ($21.53) and gave the company a “buy” rating in a research report on Wednesday, November 1st.
Shares of Morgan Sindall Group (MGNS) traded up GBX 16 ($0.22) during trading on Wednesday, hitting GBX 1,401 ($18.86). 18,464 shares of the stock traded hands, compared to its average volume of 41,149. Morgan Sindall Group has a 1 year low of GBX 718 ($9.66) and a 1 year high of GBX 1,520 ($20.46).
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About Morgan Sindall Group
Morgan Sindall Group plc is a construction and regeneration company. The Company operates through various divisions, including construction and infrastructure, fit out, property services, partnership housing, urban regeneration and investments. The Company’s construction and infrastructure division provides specialist construction and infrastructure design and build services on projects, frameworks and alliances.
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