Berenberg Bank Reaffirms Buy Rating for Henry Boot (LON:BOOT)

Henry Boot (LON:BOOT – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a report released on Wednesday,Digital Look reports. They currently have a GBX 219 price target on the stock. Berenberg Bank’s price target indicates a potential upside of 37.17% from the company’s current price.

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 226 target price on shares of Henry Boot in a report on Monday, June 8th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 222.50.

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Henry Boot Stock Down 3.8%

Henry Boot stock opened at GBX 159.66 on Wednesday. The firm has a market capitalization of £214.40 million, a price-to-earnings ratio of 9.34, a PEG ratio of -11.97 and a beta of 0.23. The company’s 50 day simple moving average is GBX 163.47 and its 200 day simple moving average is GBX 181.77. The company has a debt-to-equity ratio of 27.55, a current ratio of 4.85 and a quick ratio of 0.83. Henry Boot has a fifty-two week low of GBX 133.50 and a fifty-two week high of GBX 237.

Insider Activity at Henry Boot

In related news, insider Timothy Andrew Roberts bought 16,000 shares of the company’s stock in a transaction on Tuesday, April 28th. The shares were purchased at an average cost of GBX 173 per share, for a total transaction of £27,680. Also, insider Darren Littlewood purchased 10,032 shares of the business’s stock in a transaction on Tuesday, April 28th. The stock was bought at an average cost of GBX 174 per share, for a total transaction of £17,455.68. Company insiders own 6.40% of the company’s stock.

Henry Boot Company Profile

(Get Free Report)

Henry Boot is one of the UK’s leading land, property development and home building businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange for nearly 100 years, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises Hallam Land, HBD, Stonebridge Homes and Banner Plant.

Operating across the UK, and employing over 400 people, we focus on three key markets: residential, industrial and logistics, and urban development.

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