Key Points
- Insider Sharon Fennessy purchased 625 shares of Morgan Sindall at an average price of GBX 4,472, totaling £27,950.
- The board approved a £75 million share buyback, authorizing repurchases of up to 3.7% of the company’s shares.
- Analysts maintain a consensus “Buy” rating with a GBX 6,000 target price; Deutsche Bank and Berenberg also reiterated Buy ratings.
Morgan Sindall Group plc (LON:MGNS - Get Free Report) insider Sharon Fennessy bought 625 shares of the firm's stock in a transaction on Tuesday, November 10th. The stock was bought at an average cost of GBX 4,472 per share, for a total transaction of £27,950.
Morgan Sindall Group Price Performance
Shares of MGNS opened at GBX 4,424 on Wednesday. Morgan Sindall Group plc has a 1-year low of GBX 3,794 and a 1-year high of GBX 5,730. The stock has a market cap of £2.10 billion, a PE ratio of 11.55, a P/E/G ratio of -68.20 and a beta of 0.85. The firm has a 50-day simple moving average of GBX 4,114.02 and a two-hundred day simple moving average of GBX 4,519.42. The company has a debt-to-equity ratio of 18.30, a current ratio of 1.17 and a quick ratio of 0.86.
Morgan Sindall Group declared that its Board of Directors has approved a stock repurchase program on Thursday, November 5th that authorizes the company to buy back £75 million in shares. This repurchase authorization authorizes the company to reacquire up to 3.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its shares are undervalued.
Analyst Upgrades and Downgrades
MGNS has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 6,200 target price on shares of Morgan Sindall Group in a report on Friday, November 6th. Berenberg Bank restated a "buy" rating and set a GBX 5,800 price target on shares of Morgan Sindall Group in a research note on Tuesday. Two analysts have rated the stock with a Buy rating. According to MarketBeat, Morgan Sindall Group has a consensus rating of "Buy" and a consensus target price of GBX 6,000.
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Morgan Sindall Group Company Profile
(
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Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported an annual revenue of £5.0bn in the full year 2025. The Group employs over 8,500 employees and operates in the public, regulated and private sectors. It reports through five divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction and Infrastructure.
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