Morgan Sindall Group (LON:MGNS) Rating Reiterated by Liberum Capital

Morgan Sindall Group (LON:MGNS)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research report issued on Wednesday, May 8th, ThisIsMoney.Co.Uk reports.

Several other research analysts have also issued reports on the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,600 ($20.91) target price on shares of Morgan Sindall Group in a research report on Monday, May 6th. Jefferies Financial Group increased their price target on Morgan Sindall Group from GBX 1,469 ($19.20) to GBX 1,931 ($25.23) and gave the stock a “buy” rating in a report on Tuesday, April 9th. Finally, Numis Securities reiterated a “buy” rating and set a GBX 1,565 ($20.45) price target on shares of Morgan Sindall Group in a report on Thursday, February 21st.

Shares of LON:MGNS opened at GBX 1,284 ($16.78) on Wednesday. The firm has a market cap of $574.00 million and a P/E ratio of 9.04. The company has a debt-to-equity ratio of 16.47, a current ratio of 1.06 and a quick ratio of 0.68. Morgan Sindall Group has a 12-month low of GBX 1,000 ($13.07) and a 12-month high of GBX 1,554 ($20.31).

In other news, insider John Christopher Morgan sold 47,872 shares of the firm’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of GBX 1,320 ($17.25), for a total value of £631,910.40 ($825,702.86).

About Morgan Sindall Group

Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. The company operates in six divisions: Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, Urban Regeneration, and Investments. The Construction & Infrastructure division offers infrastructure services to highways, rail, aviation, energy, water, and nuclear markets; and construction services in education, healthcare, defence, commercial, industrial, leisure, and retail markets.

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