Balfour Beatty (LON:BBY)‘s stock had its “buy” rating reiterated by equities research analysts at Liberum Capital in a report issued on Thursday, ThisIsMoney.Co.Uk reports.
A number of other brokerages have also recently weighed in on BBY. Peel Hunt reiterated a “buy” rating on shares of Balfour Beatty in a research note on Wednesday, March 13th. Numis Securities reiterated a “buy” rating and set a GBX 350 ($4.57) price target on shares of Balfour Beatty in a research note on Wednesday, March 13th. UBS Group restated a “buy” rating on shares of Balfour Beatty in a research report on Thursday, March 14th. Finally, Berenberg Bank cut their price objective on shares of Balfour Beatty from GBX 360 ($4.70) to GBX 350 ($4.57) and set a “buy” rating for the company in a research report on Monday, January 28th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of GBX 345 ($4.51).
Shares of LON:BBY opened at GBX 243.80 ($3.19) on Thursday. The firm has a market cap of $1.67 billion and a P/E ratio of 12.50. The company has a quick ratio of 0.90, a current ratio of 0.96 and a debt-to-equity ratio of 61.89. Balfour Beatty has a 1-year low of GBX 230.60 ($3.01) and a 1-year high of GBX 318.60 ($4.16).
About Balfour Beatty
Balfour Beatty plc finances, designs, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through Construction Services, Support Services, and Infrastructure Investments segments. The Construction Services segment provides civil engineering, building, ground engineering, mechanical and electrical installation, refurbishment and fit-out, and rail engineering services.
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