Morgan Sindall Group PLC (MGNS) Rating Reiterated by Numis Securities Ltd

Morgan Sindall Group PLC (LON:MGNS)‘s stock had its “add” rating reiterated by equities researchers at Numis Securities Ltd in a research report issued to clients and investors on Wednesday. They presently have a GBX 1,565 ($20.65) price target on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 4.40% from the company’s previous close.

Several other equities research analysts also recently weighed in on the stock. Liberum Capital reaffirmed a “buy” rating and issued a GBX 1,450 ($19.13) price objective (up previously from GBX 1,375 ($18.14)) on shares of Morgan Sindall Group PLC in a report on Monday, July 17th. Peel Hunt upped their price objective on shares of Morgan Sindall Group PLC from GBX 1,500 ($19.79) to GBX 1,600 ($21.11) and gave the stock a “buy” rating in a report on Wednesday.

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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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