Balfour Beatty’s (BBY) “Buy” Rating Reiterated at Liberum Capital
Liberum Capital reiterated their buy rating on shares of Balfour Beatty (LON:BBY) in a report issued on Monday morning, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts also recently issued reports on BBY. Peel Hunt restated a buy rating on shares of Balfour Beatty in a research note on Monday, February 3rd. Jefferies Financial Group restated a hold rating on shares of Balfour Beatty in a research note on Wednesday, February 5th. Berenberg Bank restated a buy rating on shares of Balfour Beatty in a research note on Friday, January 24th. Finally, UBS Group restated a buy rating and set a GBX 340 ($4.47) price target (down from GBX 360 ($4.74)) on shares of Balfour Beatty in a research note on Monday, December 16th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company has an average rating of Buy and an average price target of GBX 333.75 ($4.39).
Balfour Beatty stock opened at GBX 282.40 ($3.71) on Monday. The business has a 50-day simple moving average of GBX 263.97 and a two-hundred day simple moving average of GBX 234.40. The company has a market cap of $1.95 billion and a P/E ratio of 17.54. Balfour Beatty has a 52-week low of GBX 192.30 ($2.53) and a 52-week high of GBX 296.60 ($3.90). The company has a quick ratio of 0.88, a current ratio of 0.94 and a debt-to-equity ratio of 72.73.
Balfour Beatty Company Profile
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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