Morgan Sindall Group PLC (LON:MGNS) declared a dividend on Tuesday, August 8th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 12th will be given a dividend of GBX 16 ($0.21) per share on Monday, October 30th. This represents a dividend yield of 1.11%. The ex-dividend date is Thursday, October 12th. The official announcement can be viewed at this link.
Morgan Sindall Group PLC (LON:MGNS) opened at 1433.00 on Wednesday. The stock has a 50 day moving average of GBX 1,330.92 and a 200 day moving average of GBX 1,243.49. The company’s market capitalization is GBX 630.52 million. Morgan Sindall Group PLC has a 12-month low of GBX 680.20 and a 12-month high of GBX 1,500.00.
Several research firms have weighed in on MGNS. Jefferies Group LLC raised their price objective on shares of Morgan Sindall Group PLC from GBX 1,205 ($15.84) to GBX 1,469 ($19.31) and gave the company a “buy” rating in a research report on Tuesday, June 13th. Liberum Capital reiterated a “buy” rating and set a GBX 1,450 ($19.06) price target (up previously from GBX 1,375 ($18.08)) on shares of Morgan Sindall Group PLC in a research report on Monday, July 17th. Peel Hunt reiterated a “buy” rating and set a GBX 1,400 ($18.41) price target on shares of Morgan Sindall Group PLC in a research report on Wednesday, June 21st. Finally, Numis Securities Ltd lifted their price target on shares of Morgan Sindall Group PLC from GBX 1,350 ($17.75) to GBX 1,565 ($20.58) and gave the stock an “add” rating in a research report on Tuesday, August 8th.
About Morgan Sindall Group PLC
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.
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