Morgan Sindall Group (LON:MGNS) Sets New 12-Month High – Time to Buy?

Shares of Morgan Sindall Group plc (LON:MGNSGet Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 4,575 ($62.78) and last traded at GBX 4,482.20 ($61.51), with a volume of 55672 shares changing hands. The stock had previously closed at GBX 4,485 ($61.55).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 4,500 ($61.75) price objective on shares of Morgan Sindall Group in a research note on Friday, May 2nd.

View Our Latest Stock Analysis on Morgan Sindall Group

Morgan Sindall Group Stock Up 1.8%

The company has a debt-to-equity ratio of 18.51, a quick ratio of 0.87 and a current ratio of 1.18. The firm has a fifty day simple moving average of GBX 3,805.49 and a 200-day simple moving average of GBX 3,613.35. The firm has a market cap of £2.16 billion, a price-to-earnings ratio of 17.18, a P/E/G ratio of -68.20 and a beta of 1.31.

About Morgan Sindall Group

(Get Free Report)

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported an annual revenue of £4.5bn in the full year 2024. The Group employs over 8,000 employees and operates in the public, regulated and private sectors. It reports through six divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure and Property Services.

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