Morgan Sindall Group (LON:MGNS - Get Free Report) had its price target boosted by Numis Securities from GBX 2,500 ($31.64) to GBX 3,000 ($37.97) in a report released on Thursday, Marketbeat reports. The brokerage currently has a "buy" rating on the stock. Numis Securities' target price suggests a potential upside of 32.45% from the company's previous close.
Morgan Sindall Group Price Performance
LON MGNS traded up GBX 35 ($0.44) during mid-day trading on Thursday, hitting GBX 2,265 ($28.67). The stock had a trading volume of 43,306 shares, compared to its average volume of 56,452. The company has a 50 day simple moving average of GBX 2,274.62 and a 200 day simple moving average of GBX 2,143.97. The company has a market cap of £1.05 billion, a price-to-earnings ratio of 906.00, a P/E/G ratio of -68.20 and a beta of 1.24. The company has a quick ratio of 0.87, a current ratio of 1.19 and a debt-to-equity ratio of 25.42. Morgan Sindall Group has a 52-week low of GBX 1,604 ($20.30) and a 52-week high of GBX 2,483 ($31.43).
Insider Buying and Selling at Morgan Sindall Group
In other Morgan Sindall Group news, insider Steve Crummett sold 27,541 shares of the stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of GBX 2,283 ($28.90), for a total transaction of £628,761.03 ($795,799.30). 11.84% of the stock is owned by insiders.
About Morgan Sindall Group
(
Get Free Report)
Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. It operates through six segments: Construction, Infrastructure, Fit Out, Property Services, Partnership Housing, and Urban Regeneration. The Infrastructure segment provides infrastructure services to highways, rail, energy, water, and nuclear markets.
Further Reading
Before you consider Morgan Sindall Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Morgan Sindall Group wasn't on the list.
While Morgan Sindall Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
