Galliford Try plc (GFRD) Price Target Cut to GBX 1,300
Galliford Try plc (LON:GFRD) had its price target trimmed by Numis Securities Ltd from GBX 1,495 ($19.51) to GBX 1,300 ($16.97) in a report released on Thursday. The brokerage currently has a hold rating on the stock.
GFRD has been the subject of a number of other reports. Peel Hunt cut their target price on Galliford Try plc from GBX 1,980 ($25.85) to GBX 1,675 ($21.86) and set a buy rating for the company in a research note on Wednesday, September 14th. Barclays PLC downgraded Galliford Try plc to an underweight rating and cut their target price for the stock from GBX 1,526.80 ($19.93) to GBX 830.20 ($10.84) in a research note on Thursday, July 7th. Beaufort Securities reaffirmed a buy rating on shares of Galliford Try plc in a research note on Thursday, September 15th. Jefferies Group reaffirmed a buy rating and issued a GBX 1,380 ($18.01) target price on shares of Galliford Try plc in a research note on Monday, June 27th. Finally, HSBC reaffirmed a buy rating and issued a GBX 1,800 ($23.50) target price on shares of Galliford Try plc in a research note on Monday, June 27th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of GBX 1,415.90 ($18.48).
Shares of Galliford Try plc (LON:GFRD) opened at 1277.00 on Thursday. The stock’s market capitalization is GBX 1.05 billion. Galliford Try plc has a 1-year low of GBX 739.86 and a 1-year high of GBX 1,677.70. The company has a 50-day moving average of GBX 1,102.53 and a 200-day moving average of GBX 1,198.37.
The company also recently announced a dividend, which will be paid on Wednesday, November 23rd. Investors of record on Thursday, October 27th will be issued a dividend of GBX 56 ($0.73) per share. This represents a yield of 4.61%. This is a boost from Galliford Try plc’s previous dividend of $26.00. The ex-dividend date of this dividend is Thursday, October 27th.
In other news, insider Slark,Gavin bought 1,200 shares of the stock in a transaction that occurred on Tuesday, June 28th. The stock was bought at an average cost of GBX 893 ($11.66) per share, for a total transaction of £10,716 ($13,987.73). Also, insider Fitzgerald,Greg bought 79,500 shares of the stock in a transaction that occurred on Monday, June 27th. The shares were purchased at an average price of GBX 874 ($11.41) per share, with a total value of £694,830 ($906,970.37).
Galliford Try plc Company Profile
Galliford Try plc is a United Kingdom-based housebuilding and construction company. The Company’s housebuilding division includes Linden Homes and Galliford Try Partnerships. The Company’s segments include Linden Homes and Galliford Try Partnerships; Construction, including Building and Infrastructure, and public private partnership (PPP) Investments.
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