Numis Securities Increases Galliford Try (GFRD) Price Target to GBX 1,200

Galliford Try (LON:GFRD) had its price objective hoisted by investment analysts at Numis Securities from GBX 950 ($12.37) to GBX 1,200 ($15.63) in a research note issued on Friday. The brokerage presently has an “add” rating on the stock. Numis Securities’ target price would suggest a potential upside of 9.29% from the company’s previous close.

A number of other equities analysts have also recently commented on the company. Peel Hunt reiterated a “buy” rating on shares of Galliford Try in a report on Tuesday, July 17th. Liberum Capital reiterated a “buy” rating on shares of Galliford Try in a report on Friday, June 8th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Galliford Try presently has a consensus rating of “Hold” and an average price target of GBX 1,125.20 ($14.66).

Galliford Try stock opened at GBX 1,098 ($14.30) on Friday. Galliford Try has a 52 week low of GBX 772.50 ($10.06) and a 52 week high of GBX 1,592 ($20.74).

Galliford Try Company Profile

Galliford Try plc operates as a housebuilding and construction company primarily in the United Kingdom. The company develops and sells private and affordable homes under the Linden Homes brand name; and builds sustainable communities, as well as provides private housing for sale on regeneration-led sites.

Further Reading: Outstanding Shares and The Effect on Share Price

Analyst Recommendations for Galliford Try (LON:GFRD)

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