Liberum Capital reaffirmed their buy rating on shares of Balfour Beatty (LON:BBY) in a report released on Thursday morning, ThisIsMoney.Co.Uk reports.
Several other equities analysts have also recently issued reports on the stock. Numis Securities reaffirmed a buy rating and issued a GBX 350 ($4.57) price objective on shares of Balfour Beatty in a research note on Friday, May 31st. UBS Group reaffirmed a buy rating on shares of Balfour Beatty in a research note on Thursday, May 23rd. Finally, Peel Hunt reaffirmed a buy rating on shares of Balfour Beatty in a research note on Thursday, May 16th. Five analysts have rated the stock with a buy rating, Balfour Beatty has a consensus rating of Buy and an average target price of GBX 352 ($4.60).
Shares of BBY opened at GBX 238.40 ($3.12) on Thursday. The company has a market capitalization of $1.63 billion and a PE ratio of 12.23. The company has a debt-to-equity ratio of 61.89, a quick ratio of 0.90 and a current ratio of 0.96. Balfour Beatty has a 12-month low of GBX 220 ($2.87) and a 12-month high of GBX 301.70 ($3.94).
About Balfour Beatty
Balfour Beatty plc finances, designs, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through Construction Services, Support Services, and Infrastructure Investments segments. The Construction Services segment provides civil engineering, building, ground engineering, mechanical and electrical installation, refurbishment and fit-out, and rail engineering services.
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