Morgan Sindall Group PLC with ticker (LON:MGNS) now has a potential upside of 28.8% according to Numis.
Numis set a target price of 3,000 GBX for the company, which when compared to the Morgan Sindall Group PLC share price of 2,330 GBX at opening today (12/04/2024) indicates a potential upside of 28.8%. Trading has ranged between 1,604 (52 week low) and 2,483 (52 week high) with an average of 74,640 shares exchanging hands daily. The market capitalisation at the time of writing is £1,079,512,870.
Morgan Sindall Group plc is a United Kingdom-based construction and regeneration company. The Company has six divisions: Construction, Infrastructure, Fit Out, Property Services, Partnership Housing and Urban Regeneration. Construction division is focused on the education, healthcare, commercial, industrial, leisure and retail markets. Infrastructure division is focused on highways, rail, energy, water and nuclear markets. Fit Out division is specialized in fit out and refurbishment in commercial, central and local government offices, retail banking and further education. The division also provides office interior design and build services direct to occupiers. Property Services division provides response and planned maintenance for social housing and the wider public sector. Partnership Housing division delivers housing through mixed-tenure and contracting activities. Urban Regeneration division works with landowners and public sector partners to transform the urban landscape.
Morgan Sindall Group PLC 28.8% potential upside indicated by Numis
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- Written by: Charlotte Edwards
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Morgan Sindall Group PLC announces record results for FY 2023, with strong revenue growth and continued balance sheet strength. CEO John Morgan reflects on the year ahead.