Galliford Try (LON:GFRD) Sets New 52-Week High – What’s Next?

Galliford Try Holdings plc (LON:GFRD)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 588 and last traded at GBX 584, with a volume of 75962 shares traded. The stock had previously closed at GBX 577.

Analyst Ratings Changes

Separately, Berenberg Bank upped their price target on shares of Galliford Try from GBX 650 to GBX 680 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 615.

Galliford Try Stock Performance

The firm has a market capitalization of £576.76 million, a price-to-earnings ratio of 16.64, a price-to-earnings-growth ratio of 0.90 and a beta of 0.46. 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 stock’s fifty day moving average is GBX 529.19 and its two-hundred day moving average is GBX 529.94.

About Galliford Try

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.