Galliford Try (LON:GFRD) Hits New 52-Week High – Time to Buy?

Galliford Try Holdings plc (LON:GFRDGet Free Report)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as GBX 632 and last traded at GBX 627.05, with a volume of 502611 shares. The stock had previously closed at GBX 620.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upped 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 research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Galliford Try currently has a consensus rating of “Buy” and a consensus price target of GBX 615.

Read Our Latest Report on GFRD

Galliford Try Stock Up 1.2%

The stock has a market capitalization of £619.70 million, a P/E ratio of 17.88, a P/E/G ratio of 0.90 and a beta of 0.47. The company’s 50-day moving average price is GBX 556.66 and its 200 day moving average price is GBX 539.61. The company has a debt-to-equity ratio of 43.47, a quick ratio of 0.89 and a current ratio of 0.92.

About Galliford Try

(Get Free Report)

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.

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