StockMarketWire.com - Numis has moderated its investment rating on construction and regeneration company Morgan Sindall [LON:MGNS] by moving to an add call (from buy) after the recent improvement in the share price.

The stock is up 15 per cent in the past six months.

Nevertheless, the broker stated that it continues to see upside risk for 2016 across the group and has left its estimates unchanged.

"Excellent progress in the three key areas of Fit Out, Urban Regen and Affordable Housing are the key features of the interims and we believe that issues in London construction should not detract from this," analysts added.




At 1:11pm: [LON:MGNS] Morgan Sindall PLC share price was -17.25p at 792.5p



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