Morgan Sindall Group PLC (MGNS) Given “Buy” Rating at Liberum Capital

Morgan Sindall Group PLC (LON:MGNS)‘s stock had its “buy” rating reaffirmed by equities researchers at Liberum Capital in a research note issued to investors on Tuesday. They currently have a GBX 1,550 ($20.45) price objective on the stock. Liberum Capital’s price target would indicate a potential upside of 7.27% from the stock’s current price.

A number of other research analysts have also commented on the stock. Numis Securities Ltd upped their price target on shares of Morgan Sindall Group PLC from GBX 1,350 ($17.81) to GBX 1,565 ($20.65) and gave the company an “add” rating in a research note on Tuesday, August 8th. Peel Hunt upped their price target on shares of Morgan Sindall Group PLC from GBX 1,400 ($18.47) to GBX 1,500 ($19.79) and gave the company a “buy” rating in a research note on Tuesday, August 8th.

Shares of Morgan Sindall Group PLC (LON:MGNS) opened at 1440.40 on Tuesday. Morgan Sindall Group PLC has a 12 month low of GBX 685.50 and a 12 month high of GBX 1,500.00. The firm’s market capitalization is GBX 633.78 million. The stock has a 50 day moving average price of GBX 1,387.75 and a 200 day moving average price of GBX 1,280.32.

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About Morgan Sindall Group PLC

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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