Balfour Beatty’s (BBY) “Buy” Rating Reaffirmed at Peel Hunt

Peel Hunt reissued their buy rating on shares of Balfour Beatty (LON:BBY) in a research note published on Wednesday, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also recently issued reports about the stock. UBS Group reissued a buy rating and issued a GBX 360 ($4.70) price objective on shares of Balfour Beatty in a research report on Friday, August 9th. Jefferies Financial Group assumed coverage on shares of Balfour Beatty in a research report on Monday, July 29th. They issued a hold rating and a GBX 245 ($3.20) price objective for the company. Liberum Capital reissued a buy rating on shares of Balfour Beatty in a research report on Thursday, June 13th. Finally, Numis Securities reissued a buy rating and issued a GBX 350 ($4.57) price objective on shares of Balfour Beatty in a research report on Friday, May 31st. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. Balfour Beatty has an average rating of Buy and a consensus target price of GBX 331 ($4.33).

Balfour Beatty stock opened at GBX 219.40 ($2.87) on Wednesday. The stock has a market cap of $1.51 billion and a price-to-earnings ratio of 11.25. The company has a debt-to-equity ratio of 61.89, a current ratio of 0.96 and a quick ratio of 0.90. 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 firm has a 50-day moving average of GBX 222.45 and a two-hundred day moving average of GBX 250.62.



The business also recently disclosed a dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, October 24th will be given a GBX 2.10 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, October 24th. This represents a yield of 0.94%. Balfour Beatty’s dividend payout ratio (DPR) is 0.26%.

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.

Read More: Buy-Side Analysts

Analyst Recommendations for Balfour Beatty (LON:BBY)

Receive News & Ratings for Balfour Beatty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Balfour Beatty and related companies with MarketBeat.com's FREE daily email newsletter.