Galliford Try (LON:GFRD) Given “Buy” Rating at Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of Galliford Try (LON:GFRD) in a report published on Wednesday, May 1st, ThisIsMoney.Co.Uk reports.

A number of other brokerages have also issued reports on GFRD. Peel Hunt lowered Galliford Try to a hold rating and decreased their price objective for the stock from GBX 885 ($11.56) to GBX 700 ($9.15) in a report on Tuesday, April 16th. HSBC increased their price objective on Galliford Try from GBX 1,140 ($14.90) to GBX 1,300 ($16.99) and gave the stock a buy rating in a report on Wednesday, February 20th. Finally, Numis Securities upgraded Galliford Try to a buy rating and cut their target price for the stock from GBX 1,200 ($15.68) to GBX 1,100 ($14.37) in a research report on Tuesday, February 19th.

Shares of LON:GFRD traded down GBX 3 ($0.04) during trading on Wednesday, hitting GBX 548.50 ($7.17). 281,551 shares of the company traded hands, compared to its average volume of 955,104. The firm has a market capitalization of $606.64 million and a PE ratio of 5.33. Galliford Try has a one year low of GBX 499.60 ($6.53) and a one year high of GBX 1,117 ($14.60). The company has a current ratio of 1.21, a quick ratio of 0.80 and a debt-to-equity ratio of 159.63.

Galliford Try Company Profile

Galliford Try plc operates as a housebuilding, regeneration, and construction primarily in the United Kingdom. The company operates through Linden Homes, Partnerships & Regeneration, Building, Infrastructure, and PPP Investments segments. The company develops and sells private and affordable homes under the Linden Homes brand name; and builds sustainable communities, as well as provides private housing for sale on regeneration-led sites.

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