Jefferies Group reissued their buy rating on shares of Morgan Sindall Group (LON:MGNS) in a research report released on Thursday morning, Analyst Ratings Network reports. Jefferies Group currently has a GBX 1,000 ($16.01) price objective on the stock, up from their previous price objective of GBX 650 ($10.40).
Jefferies Group has also taken action a number of other stocks recently. The firm reiterated its buy rating on shares of CRH PLC. Also, Jefferies Group lowered its price target on shares of Novatel Wireless from $4.00 to $2.50. They have a hold rating on that stock. Finally, Jefferies Group raised its price target on shares of DexCom from $27.00 to $40.00. They have a buy rating on that stock.
Shares of Morgan Sindall Group (LON:MGNS) traded down 0.18% during mid-day trading on Thursday, hitting GBX 837.00. 8,866 shares of the company’s stock traded hands. Morgan Sindall Group has a 52 week low of GBX 500.00 and a 52 week high of GBX 845.50. The stock’s 50-day moving average is GBX 790.6 and its 200-day moving average is GBX 662.8. The company’s market cap is £356.5 million.
A number of other analysts have also recently weighed in on MGNS. Analysts at Liberum Capital reiterated a hold rating on shares of Morgan Sindall Group in a research note to investors on Tuesday, September 24th. They now have a GBX 650 ($10.40) price target on the stock. Analysts at Oriel Securities Ltd reiterated a hold rating on shares of Morgan Sindall Group in a research note to investors on Tuesday, August 13th. They now have a GBX 689 ($11.03) price target on the stock. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 694 ($11.11).
Morgan Sindall Group plc is a construction and regeneration company. The Company operates in five divisions: Construction and Infrastructure; Affordable Housing; Fit Out; Urban Regeneration, and Investments.
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