Morgan Sindall Group plc (LON:MGNS - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,852.91 ($52.04) and traded as high as GBX 4,190 ($56.59). Morgan Sindall Group shares last traded at GBX 4,050 ($54.70), with a volume of 72,081 shares trading hands.
Analyst Ratings Changes
A number of brokerages recently weighed in on MGNS. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 5,000 target price on shares of Morgan Sindall Group in a research note on Tuesday, July 29th. Peel Hunt reaffirmed an "add" rating and issued a GBX 4,800 target price on shares of Morgan Sindall Group in a research note on Tuesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Morgan Sindall Group from GBX 4,600 to GBX 5,000 and gave the stock a "buy" rating in a research note on Tuesday, July 29th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of GBX 4,933.33.
Get Our Latest Analysis on MGNS
Morgan Sindall Group Price Performance
The company has a debt-to-equity ratio of 18.51, a current ratio of 1.18 and a quick ratio of 0.87. The firm's 50 day simple moving average is GBX 4,459.81 and its 200 day simple moving average is GBX 3,861.61. The stock has a market capitalization of £1.96 billion, a PE ratio of 1,342.96, a P/E/G ratio of -68.20 and a beta of 1.31.
Morgan Sindall Group (LON:MGNS - Get Free Report) last issued its earnings results on Tuesday, July 29th. The company reported GBX 153.10 EPS for the quarter. Morgan Sindall Group had a net margin of 2.82% and a return on equity of 21.60%. As a group, equities analysts forecast that Morgan Sindall Group plc will post 238.9649924 EPS for the current fiscal year.
Insider Activity at Morgan Sindall Group
In other news, insider Kelly Gangotra bought 660 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The shares were bought at an average cost of GBX 4,510 per share, with a total value of £29,766. 13.96% of the stock is currently owned by insiders.
About Morgan Sindall Group
(
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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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