Henry Boot (LON:BOOT) Given New GBX 230 Price Target at Berenberg Bank

Henry Boot (LON:BOOT) had its price objective dropped by analysts at Berenberg Bank from GBX 326 to GBX 230 in a note issued to investors on Thursday,London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price objective points to a potential upside of 23.66% from the company’s current price.

Henry Boot Stock Performance

Shares of LON BOOT remained flat at GBX 186 on Thursday. 73,533 shares of the stock were exchanged, compared to its average volume of 85,421. The company has a market capitalization of £249.57 million, a PE ratio of 9.84, a PEG ratio of -11.97 and a beta of 0.32. Henry Boot has a one year low of GBX 169 and a one year high of GBX 249.50. The company has a quick ratio of 0.84, a current ratio of 4.85 and a debt-to-equity ratio of 27.55. The firm’s fifty day moving average is GBX 189.66 and its 200 day moving average is GBX 210.42.

Henry Boot (LON:BOOT) last released its earnings results on Tuesday, March 24th. The company reported GBX 15.90 earnings per share (EPS) for the quarter. Henry Boot had a net margin of 8.55% and a return on equity of 5.16%. As a group, research analysts expect that Henry Boot will post 18.2106097 earnings per share for the current year.

About Henry Boot

Henry Boot is one of the UK’s leading land, property development, home building and construction businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange since 1919, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises, Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant and Road Link.

Operating across the UK, and employing over 500 people, we focus on three key markets: urban development, industrial and logistics and residential.