Morgan Sindall Group (LON:MGNS) Reaches New 12-Month High – Time to Buy?

Morgan Sindall Group plc (LON:MGNS) reached a new 52-week high on Friday . The stock traded as high as GBX 4,995 and last traded at GBX 4,950, with a volume of 10265 shares traded. The stock had previously closed at GBX 4,960.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank boosted their target price on Morgan Sindall Group from GBX 5,000 to GBX 5,250 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 5,016.67.

Morgan Sindall Group Stock Performance

The company has a 50-day simple moving average of GBX 4,661.43 and a two-hundred day simple moving average of GBX 4,560.52. The company has a debt-to-equity ratio of 18.51, a quick ratio of 0.87 and a current ratio of 1.18. The firm has a market capitalization of £2.33 billion, a P/E ratio of 15.97, a PEG ratio of -68.20 and a beta of 1.31.

Insider Buying and Selling at Morgan Sindall Group

In other news, insider Mark Robson purchased 25 shares of Morgan Sindall Group stock in a transaction that occurred on Wednesday, November 12th. The shares were bought at an average cost of GBX 4,451 per share, with a total value of £1,112.75. 13.99% of the stock is owned by corporate insiders.

Morgan Sindall Group Company Profile

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.