Morgan Sindall Group (LON:MGNS) PT Raised to GBX 1,560

Morgan Sindall Group (LON:MGNS) had its price target raised by Jefferies Financial Group from GBX 1,500 ($19.60) to GBX 1,560 ($20.38) in a research note published on Monday morning, Stock Target Advisor reports. Jefferies Financial Group currently has a buy rating on the stock.

MGNS has been the topic of a number of other research reports. Liberum Capital assumed coverage on Morgan Sindall Group in a research note on Tuesday, November 19th. They set a buy rating and a GBX 1,530 ($19.99) price target on the stock. Peel Hunt lifted their price target on Morgan Sindall Group from GBX 1,600 ($20.91) to GBX 1,700 ($22.21) and gave the stock a buy rating in a research report on Monday, September 16th. Finally, Peel Hunt reiterated a buy rating on shares of Morgan Sindall Group in a research note on Tuesday, November 19th. Five research analysts have rated the stock with a buy rating, Morgan Sindall Group has a consensus rating of Buy and an average target price of GBX 1,611 ($21.05).

Morgan Sindall Group stock opened at GBX 1,450 ($18.95) on Monday. Morgan Sindall Group has a fifty-two week low of GBX 1,000 ($13.07) and a fifty-two week high of GBX 1,468 ($19.18). The company has a debt-to-equity ratio of 15.90, a quick ratio of 0.67 and a current ratio of 1.08. The company has a market capitalization of $659.55 million and a P/E ratio of 9.82. The stock has a 50-day simple moving average of GBX 1,330.28 and a 200-day simple moving average of GBX 1,233.41.

In related news, insider John Christopher Morgan sold 106,364 shares of the stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of GBX 1,364 ($17.82), for a total transaction of £1,450,804.96 ($1,895,733.65).

Morgan Sindall Group Company Profile

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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Analyst Recommendations for Morgan Sindall Group (LON:MGNS)

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