Morgan Sindall Group (LON:MGNS) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Morgan Sindall Group plc (LON:MGNS)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4,702.64 and traded as high as GBX 4,704. Morgan Sindall Group shares last traded at GBX 4,635.63, with a volume of 109,902 shares traded.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 5,800 price target on shares of Morgan Sindall Group in a research note on Friday, April 17th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 5,200.

Morgan Sindall Group Stock Up 1.5%

The firm’s 50-day moving average price is GBX 4,551.99 and its 200-day moving average price is GBX 4,702.64. The company has a market cap of £2.21 billion, a price-to-earnings ratio of 13.26, a price-to-earnings-growth ratio of -68.20 and a beta of 0.87. The company has a debt-to-equity ratio of 24.27, a current ratio of 1.18 and a quick ratio of 0.87.

Morgan Sindall Group (LON:MGNS) last released its quarterly earnings data on Wednesday, February 25th. The company reported GBX 370 earnings per share (EPS) for the quarter. Morgan Sindall Group had a net margin of 3.49% and a return on equity of 24.53%. Sell-side analysts forecast that Morgan Sindall Group plc will post 238.9649924 earnings per share for the current fiscal year.

About Morgan Sindall Group

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported an annual revenue of £5.0bn in the full year 2025. The Group employs over 8,500 employees and operates in the public, regulated and private sectors. It reports through five divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction and Infrastructure.