Bouygues SA Receives Buy Rating from AlphaValue (EN)

Bouygues SA (EPA: EN)‘s stock had its “buy” rating restated by equities researchers at AlphaValue in a research report issued on Thursday, Stock Ratings Network.com reports. They currently have a €29.60 ($38.44) target price on the stock.

Shares of Bouygues SA (EPA: EN) traded up 1.29% during mid-day trading on Thursday, hitting €19.97. Bouygues SA has a one year low of €17.54 and a one year high of €24.18. The stock’s 50-day moving average is currently €19.90. The company has a market cap of €6.374 billion and a P/E ratio of 11.27.

EN has been the subject of a number of other recent research reports. Analysts at Raymond James reiterated an “outperform” rating on shares of Bouygues SA in a research note to investors on Wednesday. They now have a €24.00 ($31.17) price target on the stock. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Bouygues SA in a research note to investors on Wednesday, May 15th. They now have a €20.00 ($25.97) price target on the stock. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of Bouygues SA in a research note to investors on Monday, April 22nd. They now have a €19.00 ($24.68) price target on the stock.

Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of €22.34 ($29.02).

Bouygues SA is a France-based group that operates in two sectors: Telecommunications and Media, and Construction.