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An update from Galliford Try ( (GB:GFRD) ) is now available.
Galliford Try’s Building business has been appointed to a significant £3 billion affordable homes framework by The Hyde Group, a major Registered Provider. This framework, covering the East, South, and London regions, aims to construct 1,500 homes annually over five years, aligning with Galliford Try’s Sustainable Growth Strategy to 2030. This appointment enhances the company’s position in the affordable housing market and strengthens its partnership with a reputable housing association, potentially impacting its operations and market presence positively.
The most recent analyst rating on (GB:GFRD) stock is a Buy with a £551.00 price target. To see the full list of analyst forecasts on Galliford Try stock, see the GB:GFRD Stock Forecast page.
Spark’s Take on GB:GFRD Stock
According to Spark, TipRanks’ AI Analyst, GB:GFRD is a Outperform.
Galliford Try’s overall stock score is driven by its strong technical momentum and solid financial foundation, despite challenges in revenue growth and profit margins. The stock’s fair valuation and attractive dividend yield further support its investment appeal. However, overbought technical indicators suggest caution in the short term.
To see Spark’s full report on GB:GFRD stock, click here.
More about Galliford Try
Galliford Try Holdings plc is a leading UK construction group listed on the London Stock Exchange and a member of the FTSE 250. The company operates under the names Galliford Try and Morrison Construction, executing building and infrastructure projects for clients in the public, private, and regulated sectors across the UK.
Average Trading Volume: 311,838
Technical Sentiment Signal: Buy
Current Market Cap: £504.7M
For an in-depth examination of GFRD stock, go to TipRanks’ Overview page.