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Morgan Sindall Group (LON:MGNS) Sets New 1-Year High - Time to Buy?

Morgan Sindall Group logo with Industrials background

Morgan Sindall Group plc (LON:MGNS - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 4,445 ($60.32) and last traded at GBX 4,395 ($59.64), with a volume of 2590568 shares changing hands. The stock had previously closed at GBX 3,840 ($52.11).

Analyst Ratings Changes

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 4,500 ($61.07) price objective on shares of Morgan Sindall Group in a report on Friday, May 2nd.

View Our Latest Stock Report on MGNS

Morgan Sindall Group Trading Up 17.8%

The stock has a market cap of £2.14 billion, a PE ratio of 17.03, a P/E/G ratio of -68.20 and a beta of 1.31. The firm has a 50-day simple moving average of GBX 3,618.82 and a 200-day simple moving average of GBX 3,578.60. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 18.51.

About Morgan Sindall Group

(Get Free Report)

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.

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