Deutsche Bank Aktiengesellschaft Raises Morgan Sindall Group (LON:MGNS) Price Target to GBX 5,000

Morgan Sindall Group (LON:MGNS) had its price objective boosted by research analysts at Deutsche Bank Aktiengesellschaft from GBX 4,600 ($60.99) to GBX 5,000 ($66.30) in a research note issued to investors on Tuesday, MarketBeat.com reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 7.41% from the stock’s current price.

A number of other brokerages have also commented on MGNS. Peel Hunt reissued an “add” rating and set a GBX 4,800 ($63.64) price target on shares of Morgan Sindall Group in a report on Tuesday. Berenberg Bank reaffirmed a “buy” rating and set a GBX 5,000 ($66.30) target price on shares of Morgan Sindall Group in a report on Tuesday.

Morgan Sindall Group Stock Performance

MGNS stock opened at GBX 4,655 ($61.72) on Tuesday. The company has a debt-to-equity ratio of 18.51, a quick ratio of 0.87 and a current ratio of 1.18. The stock has a market capitalization of £2.20 billion, a price-to-earnings ratio of 17.52, a PEG ratio of -68.20 and a beta of 1.31. Morgan Sindall Group has a 1 year low of GBX 2,585 ($34.27) and a 1 year high of GBX 4,875 ($64.64). The stock’s fifty day moving average is GBX 4,258.96 and its two-hundred day moving average is GBX 3,731.06.

Morgan Sindall Group (LON:MGNS) last posted its earnings results on Tuesday, July 29th. The company reported GBX 153.10 ($2.03) earnings per share (EPS) for the quarter. Morgan Sindall Group had a return on equity of 21.60% and a net margin of 2.82%. On average, research analysts predict that Morgan Sindall Group will post 238.9649924 EPS for the current year.

Morgan Sindall Group Company Profile

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported an annual revenue of £4.5bn in the full year 2024. The Group employs over 8,000 employees and operates in the public, regulated and private sectors. It reports through six divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure and Property Services.