Henry Boot’s (BOOT) Buy Rating Reiterated at Jefferies Financial Group

Henry Boot (LON:BOOT)‘s stock had its “buy” rating reiterated by analysts at Jefferies Financial Group in a note issued to investors on Thursday,Digital Look reports. They currently have a GBX 226 price target on the stock. Jefferies Financial Group’s target price suggests a potential upside of 39.08% from the company’s previous close.

Separately, Berenberg Bank dropped their target price on Henry Boot from GBX 230 to GBX 219 and set a “buy” rating on the stock in a research report on Thursday. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 222.50.

Henry Boot Trading Up 2.8%

LON BOOT opened at GBX 162.50 on Thursday. The stock has a market cap of £218.11 million, a P/E ratio of 9.50, a PEG ratio of -11.97 and a beta of 0.24. The company’s fifty day simple moving average is GBX 176.29 and its 200-day simple moving average is GBX 200.10. The company has a current ratio of 4.85, a quick ratio of 0.84 and a debt-to-equity ratio of 27.55. Henry Boot has a 52 week low of GBX 155 and a 52 week high of GBX 249.50.

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

Insider Buying and Selling at Henry Boot

In related news, insider Darren Littlewood bought 10,032 shares of the company’s stock in a transaction dated Tuesday, April 28th. The stock was bought at an average price of GBX 174 per share, with a total value of £17,455.68. Also, insider Timothy Andrew Roberts bought 16,000 shares of the company’s stock in a transaction dated Tuesday, April 28th. The stock was bought at an average cost of GBX 173 per share, with a total value of £27,680. Corporate insiders own 6.36% of the company’s stock.

Henry Boot Company Profile

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.