Galliford Try (LON:GFRD) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Galliford Try (LON:GFRD) had its price target increased by analysts at Berenberg Bank from GBX 680 to GBX 750 in a report issued on Thursday, Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 16.82% from the company’s current price.

Galliford Try Stock Performance

Galliford Try stock opened at GBX 642 on Thursday. The company has a debt-to-equity ratio of 43.47, a quick ratio of 0.89 and a current ratio of 0.92. The company has a market capitalization of £634.41 million, a PE ratio of 18.29, a P/E/G ratio of 0.90 and a beta of 0.47. The company has a 50 day moving average price of GBX 598.32 and a 200-day moving average price of GBX 549.94. Galliford Try has a fifty-two week low of GBX 465 and a fifty-two week high of GBX 650.

Galliford Try Company Profile

Galliford Try is one of the UK’s leading construction groups, working to improve the UK’s built environment, delivering positive, lasting change for the communities we work in on behalf of our clients.

Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment. We see long-term growth and appropriate margins in these markets.

Our company is founded on our values of excellence, passion, integrity and collaboration, and our vision is to be a people-orientated, progressive business, driven by our values to deliver lasting change for our stakeholders and the communities we work in.