Ferrovial SE (NASDAQ:FER) Receives Average Rating of “Hold” from Brokerages

Ferrovial SE (NASDAQ:FERGet Free Report) has earned an average rating of “Hold” from the nine research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $70.4650.

A number of equities research analysts recently weighed in on FER shares. UBS Group lowered shares of Ferrovial from a “buy” rating to a “neutral” rating in a report on Wednesday, August 26th. Weiss Ratings upgraded Ferrovial from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 26th. Zacks Research downgraded Ferrovial from a “hold” rating to a “strong sell” rating in a research note on Friday, August 14th. Kepler Capital Markets lowered Ferrovial from a “strong-buy” rating to a “hold” rating in a report on Thursday. Finally, Citigroup downgraded Ferrovial from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $75.30 to $70.00 in a research note on Wednesday, May 27th.

Get Our Latest Stock Analysis on FER

Institutional Investors Weigh In On Ferrovial

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cullen Frost Bankers Inc. boosted its holdings in Ferrovial by 80.9% during the 4th quarter. Cullen Frost Bankers Inc. now owns 586 shares of the company’s stock worth $38,000 after acquiring an additional 262 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of Ferrovial by 30.9% in the fourth quarter. Larson Financial Group LLC now owns 1,274 shares of the company’s stock valued at $82,000 after purchasing an additional 301 shares during the last quarter. Groupama Asset Managment lifted its position in shares of Ferrovial by 2.6% during the fourth quarter. Groupama Asset Managment now owns 11,878 shares of the company’s stock valued at $767,000 after purchasing an additional 302 shares in the last quarter. Blue Trust Inc. boosted its holdings in Ferrovial by 136.8% during the first quarter. Blue Trust Inc. now owns 779 shares of the company’s stock worth $51,000 after purchasing an additional 450 shares during the last quarter. Finally, Athena Wealth Management LLC boosted its holdings in Ferrovial by 10.9% during the first quarter. Athena Wealth Management LLC now owns 4,684 shares of the company’s stock worth $305,000 after purchasing an additional 462 shares during the last quarter. 22.28% of the stock is owned by hedge funds and other institutional investors.

Ferrovial Price Performance

Ferrovial stock opened at $55.04 on Friday. The firm’s fifty day moving average price is $61.60 and its two-hundred day moving average price is $65.48. Ferrovial has a 1-year low of $53.91 and a 1-year high of $74.79. The company has a quick ratio of 1.09, a current ratio of 1.20 and a debt-to-equity ratio of 1.39.

Ferrovial Company Profile

(Get Free Report)

Ferrovial SE is a global infrastructure company that develops, operates and manages transportation and mobility assets. Its activities include toll roads and other managed-lane highways, airports, infrastructure construction, and energy and mobility projects. Through its businesses, the company participates in the financing, design, construction, operation and maintenance of large-scale infrastructure.

The company’s highway activities are conducted primarily through Cintra, which operates and manages concession-based road projects.

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Analyst Recommendations for Ferrovial (NASDAQ:FER)

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