Balfour Beatty (LON:BBY) Given “Buy” Rating at Jefferies Financial Group

Balfour Beatty (LON:BBY)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Financial Group in a research note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 1,120 price target on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 32.76% from the company’s previous close.

A number of other research firms have also recently commented on BBY. Deutsche Bank Aktiengesellschaft increased their price target on shares of Balfour Beatty from GBX 990 to GBX 1,100 and gave the company a “buy” rating in a report on Wednesday, August 12th. Berenberg Bank boosted their price objective on shares of Balfour Beatty from GBX 870 to GBX 1,070 and gave the stock a “buy” rating in a report on Thursday, August 13th. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 1,096.67.

Balfour Beatty Stock Performance

Shares of BBY stock opened at GBX 843.60 on Wednesday. Balfour Beatty has a one year low of GBX 636.50 and a one year high of GBX 973. The company’s 50-day moving average is GBX 890.62 and its 200 day moving average is GBX 852.04. The company has a market capitalization of £3.95 billion, a price-to-earnings ratio of 16.16, a price-to-earnings-growth ratio of 3.75 and a beta of 0.59. The company has a debt-to-equity ratio of 95.45, a quick ratio of 0.84 and a current ratio of 0.98.

Balfour Beatty (LON:BBY) last released its quarterly earnings data on Wednesday, August 12th. The company reported GBX 21.70 earnings per share for the quarter. Balfour Beatty had a net margin of 2.60% and a return on equity of 22.88%. Sell-side analysts expect that Balfour Beatty will post 43.31 EPS for the current fiscal year.

Balfour Beatty Company Profile

Balfour Beatty is a leading international infrastructure group. With 26,000 employees across the UK, US and Hong Kong, we’re leading the transformation of our industry to meet the challenges of the future.

Trusted by our customers to deliver sustainable solutions and strengthen communities, we finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.

Collaborating with governments, our customers and partners, we deliver powerful new solutions, shape thinking, create skylines and inspire a new generation of talent to be the change-makers of tomorrow.