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Morgan Sindall ( (GB:MGNS) ) has provided an announcement.
Morgan Sindall Group plc has announced a block listing application for 40,000 Ordinary Shares to be admitted to the UK Listing Authority’s Official List and traded on the London Stock Exchange. These shares will fulfill options granted under the Morgan Sindall Sharesave Plan (2018), with admission expected on 26 June 2025, reflecting the company’s ongoing commitment to employee investment and engagement.
The most recent analyst rating on (GB:MGNS) stock is a Buy with a £45.00 price target. To see the full list of analyst forecasts on Morgan Sindall stock, see the GB:MGNS Stock Forecast page.
Spark’s Take on GB:MGNS Stock
According to Spark, TipRanks’ AI Analyst, GB:MGNS is a Outperform.
Morgan Sindall’s strong financial performance and positive corporate events are the primary drivers of its high score. Technical analysis supports bullish momentum, though caution is advised due to overbought signals. Valuation remains attractive with a solid dividend yield.
To see Spark’s full report on GB:MGNS stock, click here.
More about Morgan Sindall
Morgan Sindall Group plc operates in the construction and regeneration industry, providing infrastructure and design services. The company focuses on delivering integrated solutions across various sectors, including commercial, residential, and public infrastructure projects.
Average Trading Volume: 112,974
Technical Sentiment Signal: Buy
Current Market Cap: £2.05B
See more data about MGNS stock on TipRanks’ Stock Analysis page.