Galliford Try (LON:GFRD) Sets New 52-Week High – Still a Buy?

Galliford Try Holdings plc (LON:GFRDGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 638 and last traded at GBX 615, with a volume of 18481 shares trading hands. The stock had previously closed at GBX 615.

Analyst Ratings Changes

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

View Our Latest Analysis on Galliford Try

Galliford Try Price Performance

The company has a market cap of £607.29 million, a P/E ratio of 17.52, a price-to-earnings-growth ratio of 0.90 and a beta of 0.47. The company has a 50 day moving average of GBX 569.51 and a 200-day moving average of GBX 543.18. The company has a debt-to-equity ratio of 43.47, a current ratio of 0.92 and a quick ratio of 0.89.

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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