Analysts have raised their earnings estimates for Galliford Try Holdings PLC (LSE:GFRD) (LSE: GFRD), reflecting increased confidence in the construction and infrastructure firm’s performance.
Panmure Liberum boosted its forecasted earnings per share (EPS) for the 2025 financial year by 3% and for 2026 by 1%, citing strong momentum across the company’s core Building and Infrastructure divisions.
This optimism is supported by Galliford’s £3.9 billion order book, up from £3.8 billion in 2024, which includes significant contracts in education, defence, and water infrastructure.
Adding to its appeal, Galliford’s share buyback programme and robust cash reserves—projected to hit £236 million by the end of 2025—underline its financial resilience.
Peel Hunt also raised its expectations, increasing its pretax profit forecast by £2 million to £36 million, equating to an EPS of 26p, up from 24.7p.
Peel rates the stock a 'buy' with a target of 450p, while Panmure Liberum raised its price target to 430p from 415p.
Shares rose 4% to 376p.