Balfour Beatty (BBY) Rating Reiterated by Liberum Capital
Several other equities analysts have also commented on the stock. Numis Securities raised shares of Balfour Beatty to a buy rating and set a GBX 350 ($4.84) target price on the stock in a report on Thursday, January 18th. Berenberg Bank reaffirmed a buy rating and set a GBX 350 ($4.84) target price on shares of Balfour Beatty in a report on Tuesday, December 5th. Finally, Peel Hunt reaffirmed a buy rating and set a GBX 340 ($4.70) target price 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 issued a buy rating to the company. The company has a consensus rating of Buy and a consensus price target of GBX 329 ($4.55).
Balfour Beatty (LON:BBY) opened at GBX 282 ($3.90) on Monday. Balfour Beatty has a twelve month low of GBX 252.50 ($3.49) and a twelve month high of GBX 311.70 ($4.31). The company has a market cap of $1,950.00 and a price-to-earnings ratio of 9,400.00.
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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.
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