Morgan Sindall Group (LON:MGNS – Get Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Berenberg Bank in a report issued on Tuesday, Digital Look reports. They currently have a GBX 5,800 price target on the stock. Berenberg Bank‘s target price would indicate a potential upside of 30.45% from the stock’s previous close.
Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 6,200 target price on shares of Morgan Sindall Group in a report on Friday. Two investment analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 6,000.
Get Our Latest Analysis on Morgan Sindall Group
Morgan Sindall Group Trading Up 1.2%
Morgan Sindall Group stock opened at GBX 4,446 on Tuesday. Morgan Sindall Group has a one year low of GBX 3,794 and a one year high of GBX 5,730. The business’s fifty day moving average is GBX 4,113.54 and its 200 day moving average is GBX 4,521.74. The company has a debt-to-equity ratio of 18.30, a current ratio of 1.17 and a quick ratio of 0.86. The stock has a market capitalization of £2.11 billion, a PE ratio of 11.61, a price-to-earnings-growth ratio of -68.20 and a beta of 0.85.
Morgan Sindall Group announced that its Board of Directors has approved a stock repurchase program on Thursday, November 5th that authorizes the company to buy back £75 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 3.7% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.
Morgan Sindall Group Company Profile
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.
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