Jefferies Group downgraded shares of Galliford Try plc (LON:GFRD) to a hold rating in a research note released on Tuesday. They currently have GBX 1,388 ($17.34) price target on the stock, up from their previous price target of GBX 1,380 ($17.24).
Other research analysts have also recently issued reports about the company. Beaufort Securities restated a buy rating on shares of Galliford Try plc in a research note on Thursday, September 15th. Peel Hunt decreased their price target on Galliford Try plc from GBX 1,980 ($24.74) to GBX 1,675 ($20.93) and set a buy rating on the stock in a research note on Wednesday, September 14th. HSBC restated a buy rating and set a GBX 1,800 ($22.49) price target on shares of Galliford Try plc in a research note on Thursday, September 15th. Finally, Numis Securities Ltd cut their price objective on Galliford Try plc from GBX 1,495 ($18.68) to GBX 1,300 ($16.24) and set a hold rating on the stock in a research report on Thursday, September 15th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average target price of GBX 1,398.64 ($17.47).
Shares of Galliford Try plc (LON:GFRD) opened at 1250.1049 on Tuesday. The firm’s 50-day moving average price is GBX 1,288.62 and its 200-day moving average price is GBX 1,182.62. Galliford Try plc has a 12 month low of GBX 739.86 and a 12 month high of GBX 1,574.00. The firm’s market cap is GBX 1.03 billion.
The firm also recently announced a dividend, which was paid on Wednesday, November 23rd. Investors of record on Thursday, October 27th were issued a GBX 56 ($0.70) dividend. This represents a yield of 4.61%. The ex-dividend date of this dividend was Thursday, October 27th. This is a positive change from Galliford Try plc’s previous dividend of $26.00.
In related news, insider Kevin Corbett sold 1,990 shares of the stock in a transaction on Monday, October 3rd. The stock was sold at an average price of GBX 1,326 ($16.57), for a total value of £26,387.40 ($32,967.77).