Morgan Sindall Group (LON:MGNS) Insider Sharon Fennessy Buys 625 Shares of Stock

Morgan Sindall Group plc (LON:MGNS) insider Sharon Fennessy bought 625 shares of the firm’s stock in a transaction dated Tuesday, November 10th. The shares were acquired at an average cost of GBX 4,472 per share, with a total value of £27,950.

Morgan Sindall Group Price Performance

MGNS stock traded up GBX 30 during mid-day trading on Tuesday, reaching GBX 4,424. 118,872 shares of the company traded hands, compared to its average volume of 324,915. The company has a fifty day moving average price of GBX 4,113.54 and a 200-day moving average price of GBX 4,521.74. The company has a debt-to-equity ratio of 18.30, a current ratio of 1.17 and a quick ratio of 0.86. Morgan Sindall Group plc has a 52-week low of GBX 3,794 and a 52-week high of GBX 5,730. The company has a market capitalization of £2.10 billion, a P/E ratio of 11.55, a P/E/G ratio of -68.20 and a beta of 0.85.

Morgan Sindall Group announced that its board has authorized a share repurchase plan on Thursday, November 5th that authorizes the company to repurchase £75 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 3.7% of its shares through open market purchases. Share buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 6,200 target price on shares of Morgan Sindall Group in a research report on Friday. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 5,800 price target on shares of Morgan Sindall Group in a report on Tuesday. Two analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 6,000.

Morgan Sindall Group Company Profile

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.