Galliford Try (LON:GFRD) Price Target Raised to GBX 680

Galliford Try (LON:GFRD) had its price objective increased by Berenberg Bank from GBX 650 to GBX 680 in a report released on Wednesday,Digital Look reports. They currently have a buy rating on the stock.

Galliford Try Price Performance

LON GFRD opened at GBX 577 on Wednesday. Galliford Try has a 1 year low of GBX 407.50 and a 1 year high of GBX 585. The company has a fifty day simple moving average of GBX 529.19 and a 200 day simple moving average of GBX 529.85. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 43.47. The company has a market cap of £569.77 million, a P/E ratio of 16.44, a P/E/G ratio of 0.90 and a beta of 0.46.

About Galliford Try

Galliford Try is one of the UK’s leading construction groups, working to improve the UK’s built environment, delivering positive, lasting change for the communities we work in on behalf of our clients.

Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment. We see long-term growth and appropriate margins in these markets.

Our company is founded on our values of excellence, passion, integrity and collaboration, and our vision is to be a people-orientated, progressive business, driven by our values to deliver lasting change for our stakeholders and the communities we work in.