Berenberg Bank reiterated their buy rating on shares of Balfour Beatty (LON:BBY – Free Report) in a research note released on Monday morning, MarketBeat reports. The firm currently has a GBX 1,070 price target on the stock.
Other analysts also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft increased their target price on Balfour Beatty from GBX 990 to GBX 1,100 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,120 target price on shares of Balfour Beatty in a report on Wednesday, October 14th. Three investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Balfour Beatty has a consensus rating of “Buy” and a consensus price target of GBX 1,096.67.
Read Our Latest Stock Report on BBY
Balfour Beatty Stock Down 0.5%
BBY stock opened at GBX 835.50 on Monday. The stock has a market capitalization of £3.92 billion, a price-to-earnings ratio of 16.01, a price-to-earnings-growth ratio of 3.75 and a beta of 0.59. The company has a 50-day moving average of GBX 887.29 and a two-hundred day moving average of GBX 854.29. Balfour Beatty has a 52-week low of GBX 636.50 and a 52-week high of GBX 973. The company has a debt-to-equity ratio of 95.45, a current ratio of 0.98 and a quick ratio of 0.84.
Balfour Beatty (LON:BBY – Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported GBX 21.70 EPS for the quarter. Balfour Beatty had a return on equity of 22.88% and a net margin of 2.60%. As a group, equities research analysts anticipate that Balfour Beatty will post 43.31 EPS for the current 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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