Oriel Securities Ltd Gives Buy Rating to Balfour Beatty (BBY)
Balfour Beatty (LON: BBY)‘s stock had its “buy” rating reiterated by equities research analysts at Oriel Securities Ltd in a research note issued to investors on Monday. They currently have a $5.50 (346 GBX) price target on the stock.
A number of other firms have also recently commented on BBY. Analysts at RBC Capital downgraded shares of Balfour Beatty to a “sector perform” rating in a research note to investors on Friday, November 9th. They now have a $4.79 price target on the stock. Separately, analysts at Goldman Sachs reiterated a “neutral/neutral” rating on shares of Balfour Beatty in a research note to investors on Thursday, November 8th. They now have a $4.40 price target on the stock. Finally, analysts at HSBC initiated coverage on shares of Balfour Beatty in a research note to investors on Wednesday, September 19th. They set an “overweight” rating and a $6.13 price target on the stock.
Balfour Beatty traded up 2.72% on Monday, hitting GBX 256.70. Balfour Beatty has a 1-year low of GBX 214.89 and a 1-year high of GBX 321.45. The company’s market cap is £1.756 billion.
Balfour Beatty plc is an integrated infrastructure services company. It operates in more than 80 countries.
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