Morgan Sindall Group PLC’s (MGNS) Buy Rating Reiterated at Liberum Capital
Liberum Capital restated their buy rating on shares of Morgan Sindall Group PLC (LON:MGNS) in a report released on Tuesday morning. Liberum Capital currently has a GBX 1,550 ($20.45) target price on the stock.
A number of other equities research analysts have also commented on MGNS. Numis Securities Ltd raised their price objective on Morgan Sindall Group PLC from GBX 1,350 ($17.81) to GBX 1,565 ($20.65) and gave the stock an add rating in a research report on Tuesday, August 8th. Peel Hunt raised their price objective on Morgan Sindall Group PLC from GBX 1,400 ($18.47) to GBX 1,500 ($19.79) and gave the stock a buy rating in a research report on Tuesday, August 8th.
Shares of Morgan Sindall Group PLC (LON MGNS) traded up GBX 1 ($0.01) during midday trading on Tuesday, reaching GBX 1,500 ($19.79). The company’s stock had a trading volume of 62,542 shares, compared to its average volume of 35,496. Morgan Sindall Group PLC has a 12-month low of GBX 685.50 ($9.05) and a 12-month high of GBX 1,511 ($19.94).
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The company also recently declared a dividend, which was paid on Monday, October 30th. Stockholders of record on Thursday, October 12th were paid a dividend of GBX 16 ($0.21) per share. This represents a dividend yield of 1.11%. The ex-dividend date of this dividend was Thursday, October 12th.
Morgan Sindall Group PLC Company Profile
Morgan Sindall Group plc is a construction and regeneration company. The Company operates through various divisions, including construction and infrastructure, fit out, property services, partnership housing, urban regeneration and investments. The Company’s construction and infrastructure division provides specialist construction and infrastructure design and build services on projects, frameworks and alliances.
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