Galliford Try (LON:GFRD) Hits New 52-Week High After Analyst Upgrade

Galliford Try Holdings plc (LON:GFRD - Get Free Report) shares reached a new 52-week high on Wednesday after Berenberg Bank raised their price target on the stock from GBX 470 to GBX 510. Berenberg Bank currently has a buy rating on the stock. Galliford Try traded as high as GBX 444 ($6.03) and last traded at GBX 441 ($5.99), with a volume of 382222 shares. The stock had previously closed at GBX 420 ($5.71).

Galliford Try Trading Up 1.6%

The stock has a market cap of £444.29 million, a price-to-earnings ratio of 13.00, a PEG ratio of 0.90 and a beta of 1.12. The company has a quick ratio of 0.89, a current ratio of 0.92 and a debt-to-equity ratio of 43.30. The business's 50 day simple moving average is GBX 413.60 and its 200 day simple moving average is GBX 384.08.

Galliford Try Company Profile

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.