Liberum Capital Reaffirms “Buy” Rating for Galliford Try (GFRD)

Liberum Capital restated their buy rating on shares of Galliford Try (LON:GFRD) in a research note released on Thursday morning. The firm currently has a GBX 970 ($12.67) price target on the stock.

Several other brokerages also recently issued reports on GFRD. Numis Securities upped their price target on shares of Galliford Try from GBX 950 ($12.41) to GBX 1,200 ($15.68) and gave the stock an add rating in a report on Friday, September 14th. Peel Hunt reiterated a buy rating on shares of Galliford Try in a report on Wednesday, September 12th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Galliford Try has a consensus rating of Hold and an average price target of GBX 1,103.80 ($14.42).

Shares of LON:GFRD opened at GBX 633.74 ($8.28) on Thursday. 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 declared a dividend, which was paid on Wednesday, December 5th. Stockholders of record on Thursday, November 8th were issued a dividend of GBX 49 ($0.64) per share. The ex-dividend date of this dividend was Thursday, November 8th. This is an increase from Galliford Try’s previous dividend of $28.00. This represents a dividend yield of 4.44%.

In related news, insider Kevin Corbett sold 2,484 shares of the business’s stock in a transaction on Thursday, September 27th. The shares were sold at an average price of GBX 1,046 ($13.67), for a total value of £25,982.64 ($33,950.92).

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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