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

Balfour Beatty (LON:BBY)‘s stock had its “buy” rating reiterated by research analysts at Jefferies Financial Group in a report released on Wednesday, October 14th, Digital Look reports. They currently have a GBX 1,120 target price on the stock. Jefferies Financial Group’s target price points to a potential upside of 32.62% from the stock’s previous close.

Several other analysts also recently issued reports on BBY. Berenberg Bank raised their price objective on shares of Balfour Beatty from GBX 870 to GBX 1,070 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Deutsche Bank Aktiengesellschaft raised their price target on Balfour Beatty from GBX 990 to GBX 1,100 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Three investment analysts have rated the stock with a Buy rating. According to MarketBeat.com, Balfour Beatty currently has an average rating of “Buy” and a consensus target price of GBX 1,096.67.

Balfour Beatty Price Performance

Shares of LON BBY traded up GBX 7 during mid-day trading on Wednesday, hitting GBX 844.50. 1,682,951 shares of the company’s stock traded hands, compared to its average volume of 6,135,172. The company has a debt-to-equity ratio of 95.45, a current ratio of 0.98 and a quick ratio of 0.84. Balfour Beatty has a 1 year low of GBX 636.50 and a 1 year high of GBX 973. The company’s 50-day moving average is GBX 886.80 and its two-hundred day moving average is GBX 854.73. The company has a market capitalization of £3.96 billion, a P/E ratio of 16.18, a PEG ratio of 3.75 and a beta of 0.59.

Balfour Beatty (LON:BBY) last released its quarterly earnings results on Wednesday, August 12th. The company reported GBX 21.70 earnings per share for the quarter. Balfour Beatty had a return on equity of 22.88% and a net margin of 2.60%. On average, equities analysts anticipate 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.