Galliford Try (LON:GFRD) Sets New 1-Year High – Time to Buy?

Galliford Try Holdings plc (LON:GFRD)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 640 and last traded at GBX 621, with a volume of 1789 shares trading hands. The stock had previously closed at GBX 617.

Analyst Upgrades and Downgrades

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

Galliford Try Price Performance

The stock has a market capitalization of £610.26 million, a price-to-earnings ratio of 17.61, a PEG ratio of 0.90 and a beta of 0.47. The company has a debt-to-equity ratio of 43.47, a current ratio of 0.92 and a quick ratio of 0.89. The business’s fifty day moving average price is GBX 580.09 and its 200-day moving average price is GBX 546.07.

Galliford Try Company Profile

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.