Morgan Sindall Group’s (MGNS) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Morgan Sindall Group (LON:MGNS) in a research note issued to investors on Tuesday,Digital Look reports. The brokerage currently has a GBX 5,800 price target on the stock.

Separately, Deutsche Bank reiterated a “buy” rating and issued a GBX 6,200 price objective on shares of Morgan Sindall Group in a research note on Friday, November 6th. Two research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 6,000.

Morgan Sindall Group Stock Performance

Shares of LON MGNS opened at GBX 4,552 on Tuesday. The company has a current ratio of 1.17, a quick ratio of 0.86 and a debt-to-equity ratio of 18.30. The stock has a market cap of £2.16 billion, a price-to-earnings ratio of 11.89, a PEG ratio of -68.20 and a beta of 0.85. The company has a 50 day simple moving average of GBX 4,126.18 and a two-hundred day simple moving average of GBX 4,515.55. Morgan Sindall Group has a 12 month low of GBX 3,794 and a 12 month high of GBX 5,730.

Morgan Sindall Group announced that its board has initiated a share repurchase plan on Thursday, November 5th that authorizes the company to repurchase £75 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 3.7% of its shares through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its shares are undervalued.

Insider Transactions at Morgan Sindall Group

In other news, insider Sharon Fennessy purchased 625 shares of the company’s stock in a transaction on Tuesday, November 10th. The shares were bought at an average price of GBX 4,472 per share, for a total transaction of £27,950. 13.05% of the stock is owned by company insiders.

About Morgan Sindall Group

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported an annual revenue of £5.0bn in the full year 2025. The Group employs over 8,500 employees and operates in the public, regulated and private sectors. It reports through five divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction and Infrastructure.