Galliford Try (LON:GFRD) Hits New 12-Month High – Here’s Why

Galliford Try Holdings plc (LON:GFRD)’s share price hit a new 52-week high on Monday . The stock traded as high as GBX 630 and last traded at GBX 622, with a volume of 296766 shares. The stock had previously closed at GBX 624.47.

Analyst Ratings Changes

Separately, Berenberg Bank raised their price objective on shares of Galliford Try from GBX 650 to GBX 680 and gave the stock a “buy” rating in a report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Galliford Try presently has a consensus rating of “Buy” and a consensus price target of GBX 615.

Galliford Try Trading Down 0.4%

The company has a debt-to-equity ratio of 43.47, a current ratio of 0.92 and a quick ratio of 0.89. The company has a market cap of £613.88 million, a price-to-earnings ratio of 17.71, a price-to-earnings-growth ratio of 0.90 and a beta of 0.46. The business has a 50 day simple moving average of GBX 535.58 and a 200 day simple moving average of GBX 533.09.

Galliford Try Company Profile

Galliford Try is one of the UK’s leading construction groups, working to improve the UK’s built environment, delivering positive, lasting change for the communities we work in on behalf of our clients.

Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment. We see long-term growth and appropriate margins in these markets.

Our company is founded on our values of excellence, passion, integrity and collaboration, and our vision is to be a people-orientated, progressive business, driven by our values to deliver lasting change for our stakeholders and the communities we work in.