Citigroup initiated coverage on shares of Ferrovial (NASDAQ:FER – Free Report) in a report released on Tuesday morning, Benzinga reports. The firm issued a buy rating and a $48.00 target price on the stock.
Ferrovial Price Performance
Shares of NASDAQ FER opened at $40.00 on Tuesday. Ferrovial has a twelve month low of $29.50 and a twelve month high of $48.29.
Ferrovial Announces Dividend
The firm also recently announced a — dividend, which will be paid on Friday, June 21st. Shareholders of record on Tuesday, May 21st will be paid a $0.3299 dividend. The ex-dividend date is Monday, May 20th.
About Ferrovial
Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads.
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