Morgan Sindall Group plc’s (LON:MGNS) “Buy” Rating Reaffirmed at Liberum Capital

Liberum Capital reiterated their buy rating on shares of Morgan Sindall Group plc (LON:MGNS) in a research note issued to investors on Friday, November 10th. They currently have a GBX 1,650 ($21.70) price objective on the stock.

A number of other equities research analysts have also weighed in on MGNS. Numis Securities Ltd boosted their price objective on shares of Morgan Sindall Group plc from GBX 1,350 ($17.76) to GBX 1,565 ($20.58) and gave the stock an add rating in a report on Tuesday, August 8th. Peel Hunt boosted their price objective on shares of Morgan Sindall Group plc from GBX 1,400 ($18.41) to GBX 1,500 ($19.73) and gave the stock a buy rating in a report on Tuesday, August 8th.

Shares of Morgan Sindall Group plc (MGNS) traded up GBX 3 ($0.04) during trading on Friday, reaching GBX 1,420 ($18.68). 20,468 shares of the company’s stock traded hands, compared to its average volume of 43,619. Morgan Sindall Group plc has a twelve month low of GBX 700 ($9.21) and a twelve month high of GBX 1,520 ($19.99).

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In other news, insider Steve Crummett bought 16,400 shares of the firm’s stock in a transaction that occurred on Friday, November 3rd. The shares were bought at an average cost of GBX 1,500 ($19.73) per share, with a total value of £246,000 ($323,556.49).

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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