Henry Boot (LON:BOOT) Trading Down 3.7% – Here’s What Happened

Henry Boot PLC (LON:BOOT) traded down 3.7% during trading on Thursday . The company traded as low as GBX 189.50 and last traded at GBX 190.61. 65,425 shares were traded during trading, a decline of 26% from the average session volume of 88,478 shares. The stock had previously closed at GBX 198.

Analyst Upgrades and Downgrades

BOOT has been the topic of a number of research reports. Berenberg Bank dropped their target price on Henry Boot from GBX 337 to GBX 326 and set a “buy” rating on the stock in a report on Tuesday, January 27th. Jefferies Financial Group upped their price objective on shares of Henry Boot from GBX 262 to GBX 264 and gave the company a “buy” rating in a research note on Tuesday, October 28th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Henry Boot has an average rating of “Buy” and a consensus price target of GBX 295.

Henry Boot Stock Up 1.0%

The stock has a market cap of £261.65 million, a price-to-earnings ratio of 10.32, a P/E/G ratio of -11.97 and a beta of 0.80. The business has a fifty day moving average of GBX 212.06 and a 200 day moving average of GBX 218.81. The company has a debt-to-equity ratio of 29.17, a current ratio of 2.14 and a quick ratio of 0.84.

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.