Liberum Capital Reiterates Buy Rating for Galliford Try (GFRD)

Galliford Try (LON:GFRD)‘s stock had its “buy” rating restated by investment analysts at Liberum Capital in a report issued on Thursday. They currently have a GBX 970 ($12.67) price target on the stock. Liberum Capital’s target price would indicate a potential upside of 49.69% from the stock’s current price.

Several other research firms have also recently issued reports on GFRD. Numis Securities lifted their price objective on shares of Galliford Try from GBX 950 ($12.41) to GBX 1,200 ($15.68) and gave the company an “add” rating in a research report on Friday, September 14th. Peel Hunt reiterated a “buy” rating on shares of Galliford Try in a research report on Wednesday, September 12th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 1,103.80 ($14.42).

Shares of Galliford Try stock traded up GBX 7 ($0.09) on Thursday, hitting GBX 648 ($8.47). 542,347 shares of the company traded hands, compared to its average volume of 955,104. Galliford Try has a 52 week low of GBX 772.50 ($10.09) and a 52 week high of GBX 1,592 ($20.80).

In related news, insider Kevin Corbett sold 2,484 shares of the business’s stock in a transaction on Thursday, September 27th. The shares were sold at an average price of GBX 1,046 ($13.67), for a total value of £25,982.64 ($33,950.92).

About Galliford Try

Galliford Try plc operates as a housebuilding, regeneration, and construction primarily in the United Kingdom. The company operates through Linden Homes, Partnerships & Regeneration, Building, Infrastructure, and PPP Investments segments. The company develops and sells private and affordable homes under the Linden Homes brand name; and builds sustainable communities, as well as provides private housing for sale on regeneration-led sites.

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Analyst Recommendations for Galliford Try (LON:GFRD)

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