BALFOUR BEATTY/S (OTCMKTS:BAFYY) Upgraded to Strong-Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of BALFOUR BEATTY/S (OTCMKTS:BAFYY) from a hold rating to a strong-buy rating in a research report sent to investors on Tuesday, Zacks.com reports. Zacks Investment Research currently has $6.50 price objective on the stock.

According to Zacks, “Balfour Beatty plc is an infrastructure services company. Its operating segment consists of Construction Services, Support Services and Infrastructure Investments. Construction Services segment provides physical construction of an asset. Support Services segment engages in the support existing assets or functions such as asset maintenance and refurbishment. Infrastructure Investments segment involves in acquisition, operation and disposal of infrastructure assets such as PPP concessions, student accommodation and airports. Balfour Beatty plc is headquartered in London, the United Kingdom. “

Separately, ValuEngine upgraded shares of BALFOUR BEATTY/S from a sell rating to a hold rating in a research report on Wednesday, September 4th.

Shares of BAFYY opened at $5.57 on Tuesday. The business’s 50-day moving average price is $5.75 and its 200-day moving average price is $5.68. BALFOUR BEATTY/S has a twelve month low of $4.56 and a twelve month high of $7.94. The stock has a market cap of $1.93 billion, a PE ratio of 7.96 and a beta of 0.74.

About BALFOUR BEATTY/S

Balfour Beatty Plc engages in the provision of infrastructure services. It offers a range of capabilities in construction, civil engineering and mechanical & electrical engineering services. It operates through following business segments: Construction Services, Support Services, Infrastructure Investments, and Corporate Activities.

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