Galliford Try (LON:GFRD) Price Target Raised to GBX 750

Galliford Try (LON:GFRD) had its target price lifted by Berenberg Bank from GBX 680 to GBX 750 in a research note published on Thursday,Digital Look reports. Berenberg Bank currently has a buy rating on the stock.

Galliford Try Stock Up 5.4%

GFRD stock opened at GBX 684 on Thursday. The firm has a 50 day moving average of GBX 603.23 and a 200 day moving average of GBX 551.57. The stock has a market capitalization of £675.91 million, a PE ratio of 19.49, a price-to-earnings-growth ratio of 0.90 and a beta of 0.47. The company has a quick ratio of 0.89, a current ratio of 0.94 and a debt-to-equity ratio of 35.36. Galliford Try has a 52 week low of GBX 466 and a 52 week high of GBX 684.

Galliford Try (LON:GFRD) last issued its quarterly earnings results on Thursday, September 17th. The company reported GBX 41.70 earnings per share (EPS) for the quarter. Galliford Try had a net margin of 2.13% and a return on equity of 32.45%. Sell-side analysts forecast that Galliford Try will post 25.1560178 earnings per share for the current year.

Galliford Try announced that its Board of Directors has authorized a share repurchase plan on Thursday, September 17th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Key Headlines Impacting Galliford Try

Here are the key news stories impacting Galliford Try this week:

• Positive Sentiment: Berenberg maintained its Buy rating and raised its price target to GBX 750 from GBX 680, implying further potential upside and reinforcing positive analyst sentiment. Berenberg Bank Sticks to Its Buy Rating for Galliford Try
• Positive Sentiment: FY26 adjusted pre-tax profit increased 24.2% to £55.9 million, while revenue also rose. Investors viewed the earnings growth and widening margins as evidence that profitability is improving. Galliford Try FY26 Adjusted Pre-Tax Profit Rises
• Positive Sentiment: The company launched a £15 million share buyback programme. Buybacks can support earnings per share and signal that management considers the shares undervalued. One syndicated report lists zero shares in the authorization field, which appears inconsistent with the separately reported £15 million programme. Galliford Try Annual Profit, Revenue Rise and Share Buyback
• Positive Sentiment: Management highlighted a £4.3 billion order book and a sixth consecutive year of growth, providing improved revenue visibility for future periods. Galliford Try Order Book and Growth Interview
• Neutral Sentiment: Reported quarterly EPS was GBX 41.70, with a 30.23% return on equity and a 1.93% net margin, adding context to the company’s profitability profile. Galliford Try Earnings Report

Galliford Try Company Profile

Galliford Try is one of the UK’s leading construction groups, working to improve the UK’s built environment, delivering positive, lasting change for the communities we work in on behalf of our clients.

Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment. We see long-term growth and appropriate margins in these markets.

Our company is founded on our values of excellence, passion, integrity and collaboration, and our vision is to be a people-orientated, progressive business, driven by our values to deliver lasting change for our stakeholders and the communities we work in.