Liberum Capital restated their buy rating on shares of Balfour Beatty (LON:BBY) in a report published on Wednesday, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts also recently issued reports on the company. Peel Hunt reissued a buy rating on shares of Balfour Beatty in a research report on Wednesday. Jefferies Financial Group assumed coverage on Balfour Beatty in a research report on Monday, July 29th. They set a hold rating and a GBX 245 ($3.20) price target on the stock. UBS Group reissued a buy rating and set a GBX 360 ($4.70) price target on shares of Balfour Beatty in a research report on Friday, August 9th. Finally, Numis Securities reissued a buy rating and set a GBX 350 ($4.57) price target on shares of Balfour Beatty in a research report on Friday, May 31st. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Balfour Beatty presently has an average rating of Buy and a consensus price target of GBX 331 ($4.33).
Shares of LON:BBY opened at GBX 219.40 ($2.87) on Wednesday. The company has a market capitalization of $1.51 billion and a P/E ratio of 11.25. Balfour Beatty has a 1 year low of GBX 192.30 ($2.51) and a 1 year high of GBX 300.10 ($3.92). The company has a debt-to-equity ratio of 61.89, a current ratio of 0.96 and a quick ratio of 0.90. The business’s 50 day simple moving average is GBX 222.45 and its 200 day simple moving average is GBX 250.62.
Balfour Beatty Company Profile
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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