Morgan Sindall Group (LON:MGNS) Hits New 1-Year High - Should You Buy?

Morgan Sindall Group plc (LON:MGNS - Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as GBX 4,750 ($64.53) and last traded at GBX 4,500 ($61.13), with a volume of 7145 shares. The stock had previously closed at GBX 4,550 ($61.81).

Analyst Ratings Changes

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 4,500 ($61.13) price objective on shares of Morgan Sindall Group in a research report on Friday, May 2nd.

Morgan Sindall Group Stock Performance

The firm has a fifty day simple moving average of GBX 3,991.46 and a 200 day simple moving average of GBX 3,656.40. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 18.51. The stock has a market cap of £2.16 billion, a price-to-earnings ratio of 17.18, a PEG ratio of -68.20 and a beta of 1.31.

Morgan Sindall Group Company Profile

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported an annual revenue of £4.5bn in the full year 2024. The Group employs over 8,000 employees and operates in the public, regulated and private sectors. It reports through six divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure and Property Services.