Galliford Try (GFRD) Price Target Increased to GBX 1,300 by Analysts at HSBC

Galliford Try (LON:GFRD) had its price target hoisted by HSBC from GBX 1,140 ($14.90) to GBX 1,300 ($16.99) in a research note issued to investors on Wednesday. The brokerage currently has a buy rating on the stock.

Other analysts have also issued reports about the company. Numis Securities raised Galliford Try to a buy rating and reduced their target price for the stock from GBX 1,200 ($15.68) to GBX 1,100 ($14.37) in a report on Tuesday. Peel Hunt reissued a buy rating on shares of Galliford Try in a report on Wednesday, February 13th. Finally, Liberum Capital reissued a buy rating on shares of Galliford Try in a report on Monday, February 11th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of GBX 1,051 ($13.73).

GFRD opened at GBX 710 ($9.28) on Wednesday. Galliford Try has a 52-week low of GBX 772.50 ($10.09) and a 52-week high of GBX 1,592 ($20.80).

The business also recently disclosed a dividend, which will be paid on Wednesday, April 10th. Stockholders of record on Thursday, March 14th will be given a dividend of GBX 23 ($0.30) per share. The ex-dividend date is Thursday, March 14th. This represents a dividend yield of 3.01%.

In related news, insider Kevin Corbett acquired 2,882 shares of the stock in a transaction dated Monday, December 17th. The stock was bought at an average cost of GBX 575 ($7.51) per share, for a total transaction of £16,571.50 ($21,653.60).

About Galliford Try

Galliford Try plc operates as a housebuilding, regeneration, and construction primarily in the United Kingdom. The company operates through Linden Homes, Partnerships & Regeneration, Building, Infrastructure, and PPP Investments segments. 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.

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Analyst Recommendations for Galliford Try (LON:GFRD)

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