Insider Buying: Balfour Beatty plc (BBY) Insider Acquires 56 Shares of Stock

Balfour Beatty plc (LON:BBY) insider Leo Quinn purchased 56 shares of Balfour Beatty stock in a transaction dated Wednesday, February 14th. The stock was bought at an average price of GBX 270 ($3.73) per share, with a total value of £151.20 ($208.90).

Leo Quinn also recently made the following trade(s):

  • On Monday, January 15th, Leo Quinn purchased 50 shares of Balfour Beatty stock. The stock was bought at an average price of GBX 298 ($4.12) per share, with a total value of £149 ($205.86).
  • On Thursday, December 14th, Leo Quinn purchased 54 shares of Balfour Beatty stock. The stock was bought at an average price of GBX 278 ($3.84) per share, with a total value of £150.12 ($207.41).

Balfour Beatty plc (LON BBY) traded up GBX 1.60 ($0.02) on Thursday, hitting GBX 273.10 ($3.77). 564,248 shares of the company were exchanged, compared to its average volume of 2,300,000. The stock has a market capitalization of $1,890.00 and a P/E ratio of 9,103.33. Balfour Beatty plc has a one year low of GBX 252.50 ($3.49) and a one year high of GBX 311.70 ($4.31).

A number of analysts have recently commented on BBY shares. Numis Securities upgraded shares of Balfour Beatty to a “buy” rating and set a GBX 350 ($4.84) price target for the company in a research note on Thursday, January 18th. Liberum Capital reiterated a “buy” rating and issued a GBX 350 ($4.84) price target on shares of Balfour Beatty in a research note on Friday, November 10th. Berenberg Bank reiterated a “buy” rating and issued a GBX 350 ($4.84) price target on shares of Balfour Beatty in a research note on Tuesday, December 5th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 340 ($4.70) price objective on shares of Balfour Beatty in a report on Thursday, December 14th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 329 ($4.55).

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About Balfour Beatty

Balfour Beatty plc is an infrastructure company that provides maintenance, upgrade and management services in power transmission, utilities infrastructure, and road and rail. The Company operates through three segments: Construction Services segment, which is engaged in the physical construction of an asset; Support Services segment, which is engaged in supporting existing assets or functions, such as asset maintenance and refurbishment, and Infrastructure Investments segment, which is engaged in the acquisition operation and disposal of infrastructure assets, such as roads, hospitals, schools, student accommodation, military housing, waste and biomass, offshore transmission networks and other concessions.

Insider Buying and Selling by Quarter for Balfour Beatty (LON:BBY)

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