The construction and regeneration specialist has a refreshing no-nonsense strategy backed by a strong balance sheet
Thursday 15 Apr 2021 Author: Tom Sieber
Construction and regeneration specialist Morgan Sindall ( MGNS ) has significant share price momentum but remains an inexpensive way to play economic recovery boosted by an internally driven increase in profitability and exposure to bumper infrastructure spending. The shares trade on a 2021 price to earnings ratio of 11.7 and yield 3.4%. That’s still a very reasonable valuation ratio and the dividend yield is much greater than you’d get...