Galliford Try (LON:GFRD) Hits New 12-Month High – Here’s What Happened

Galliford Try Holdings plc (LON:GFRD)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 557 and last traded at GBX 553, with a volume of 833976 shares trading hands. The stock had previously closed at GBX 534.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Berenberg Bank restated a “buy” rating and set a GBX 620 target price on shares of Galliford Try in a research report on Wednesday, January 21st. Peel Hunt restated a “buy” rating and set a GBX 550 price target on shares of Galliford Try in a report on Thursday, November 13th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 585.

Galliford Try Stock Up 2.6%

The company has a market cap of £534.42 million, a P/E ratio of 17.02, a price-to-earnings-growth ratio of 0.90 and a beta of 1.12. The company has a debt-to-equity ratio of 43.30, a quick ratio of 0.89 and a current ratio of 0.92. The business’s fifty day moving average is GBX 527.87 and its two-hundred day moving average is GBX 493.94.

About Galliford Try

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.