Morgan Sindall Group PLC -10.1% potential downside indicated by Liberum Capital

Morgan Sindall Group PLC with ticker (LON:MGNS) now has a potential downside of -10.1% according to Liberum Capital.



Liberum Capital set a target price of 2,250 GBX for the company, which when compared to the Morgan Sindall Group PLC share price of 2,477 GBX at opening today (14/12/2021) indicates a potential downside of -10.1%. Trading has ranged between 1,335 (52 week low) and 2,730 (52 week high) with an average of 98,007 shares exchanging hands daily. The market capitalisation at the time of writing is £1,124,544,765.

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. The Company’s property services division provides strategic asset management and responsive, planned and cyclical maintenance to social housing providers; facilities management services to public buildings, and claims and reinstatement repairs for insurance providers. The Company’s partnership housing division focuses on the delivery of mixed tenure regeneration partnership housing schemes, design and build of homes and planned maintenance and refurbishment. The Company’s urban regeneration division works with landowners and public sector partners.