Balfour Beatty plc (LON:BBY – Get Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 801.33 and traded as high as GBX 882. Balfour Beatty shares last traded at GBX 876.97, with a volume of 65,121,844 shares traded.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 985 price objective on shares of Balfour Beatty in a research report on Monday, June 8th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 856.67.
Check Out Our Latest Analysis on Balfour Beatty
Balfour Beatty Stock Up 0.3%
Balfour Beatty (LON:BBY – Get Free Report) last released its quarterly earnings data on Thursday, June 18th. The company reported GBX 14.40 earnings per share (EPS) for the quarter. Balfour Beatty had a return on equity of 23.73% and a net margin of 2.77%.The business had revenue of GBX 452.20 billion during the quarter. On average, equities research analysts anticipate that Balfour Beatty plc will post 43.3100698 EPS for the current fiscal year.
About Balfour Beatty
Balfour Beatty is a leading international infrastructure group. With 26,000 employees across the UK, US and Hong Kong, we’re leading the transformation of our industry to meet the challenges of the future.
Trusted by our customers to deliver sustainable solutions and strengthen communities, we finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.
Collaborating with governments, our customers and partners, we deliver powerful new solutions, shape thinking, create skylines and inspire a new generation of talent to be the change-makers of tomorrow.
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