Morgan Sindall Group (LON:MGNS) Hits New 12-Month High - Should You Buy?

Shares of Morgan Sindall Group plc (LON:MGNS - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 4,875 ($65.85) and last traded at GBX 4,670 ($63.08), with a volume of 42676 shares traded. The stock had previously closed at GBX 4,660 ($62.95).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 4,500 ($60.79) price target on shares of Morgan Sindall Group in a report on Friday, May 2nd.

Morgan Sindall Group Stock Performance

The stock's 50-day moving average is GBX 4,192.56 and its 200-day moving average is GBX 3,706.68. The stock has a market cap of £2.16 billion, a price-to-earnings ratio of 17.18, a price-to-earnings-growth ratio of -68.20 and a beta of 1.31. The company has a debt-to-equity ratio of 18.51, a current ratio of 1.18 and a quick ratio of 0.87.

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.