Shares of Morgan Sindall Group plc (LON:MGNS - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,597.92 ($49.37) and traded as high as GBX 4,465 ($61.27). Morgan Sindall Group shares last traded at GBX 4,428.40 ($60.77), with a volume of 218,146 shares traded.
Analysts Set New Price Targets
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 4,500 ($61.75) target price on shares of Morgan Sindall Group in a research note on Friday, May 2nd.
Check Out Our Latest Stock Report on Morgan Sindall Group
Morgan Sindall Group Stock Up 1.8%
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 company has a market capitalization of £2.16 billion, a PE ratio of 17.18, a price-to-earnings-growth ratio of -68.20 and a beta of 1.31. The business's 50-day simple moving average is GBX 3,805.49 and its 200-day simple moving average is GBX 3,613.35.
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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