Morgan Sindall Group (LON:MGNS) Rating Reiterated by Peel Hunt
Morgan Sindall Group (LON:MGNS)‘s stock had its “add” rating restated by equities researchers at Peel Hunt in a research report issued on Thursday, ThisIsMoney.Co.Uk reports.
A number of other equities analysts have also commented on the stock. Jefferies Financial Group lifted their price target on shares of Morgan Sindall Group from GBX 1,850 ($24.34) to GBX 2,160 ($28.41) and gave the company a “buy” rating in a research report on Tuesday, February 25th. Liberum Capital reissued a “hold” rating on shares of Morgan Sindall Group in a research report on Thursday.
LON MGNS traded up GBX 74 ($0.97) during trading on Thursday, reaching GBX 1,280 ($16.84). The company’s stock had a trading volume of 70,704 shares, compared to its average volume of 62,423. Morgan Sindall Group has a 1-year low of GBX 1,032 ($13.58) and a 1-year high of GBX 1,980 ($26.05). The stock has a market capitalization of $582.32 million and a PE ratio of 8.36. The company has a current ratio of 1.08, a quick ratio of 0.70 and a debt-to-equity ratio of 15.05. The business has a 50-day moving average price of GBX 1,225.84 and a 200-day moving average price of GBX 1,500.87.
About Morgan Sindall Group
Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. The company operates in six divisions: Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, Urban Regeneration, and Investments. The Construction & Infrastructure division offers infrastructure services to highways, rail, aviation, energy, water, and nuclear markets; and construction services in education, healthcare, defence, commercial, industrial, leisure, and retail markets.
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