Henry Boot (LON:BOOT) Given “Buy” Rating at Jefferies Financial Group

Henry Boot (LON:BOOT)‘s stock had its “buy” rating restated by investment analysts at Jefferies Financial Group in a research note issued on Thursday,Digital Look reports. They currently have a GBX 226 price objective on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 39.08% from the stock’s current price.

Separately, Berenberg Bank dropped their price objective on shares of Henry Boot from GBX 230 to GBX 219 and set a “buy” rating on the stock in a research note on Thursday. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 222.50.

Henry Boot Stock Performance

Henry Boot stock opened at GBX 162.50 on Thursday. The company has a debt-to-equity ratio of 27.55, a current ratio of 4.85 and a quick ratio of 0.84. Henry Boot has a 12 month low of GBX 155 and a 12 month high of GBX 249.50. The company has a fifty day moving average price of GBX 176.29 and a two-hundred day moving average price of GBX 200.10. The company has a market cap of £218.11 million, a PE ratio of 9.50, a P/E/G ratio of -11.97 and a beta of 0.24.

Henry Boot (LON:BOOT) last issued its earnings results on Tuesday, March 24th. The company reported GBX 15.90 earnings per share for the quarter. Henry Boot had a net margin of 8.55% and a return on equity of 5.16%. Research analysts expect that Henry Boot will post 18.2106097 earnings per share for the current year.

Insider Activity

In other news, insider Darren Littlewood acquired 10,032 shares of the company’s stock in a transaction that occurred on Tuesday, April 28th. The shares were acquired at an average price of GBX 174 per share, with a total value of £17,455.68. Also, insider Timothy Andrew Roberts acquired 16,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The stock was purchased at an average price of GBX 173 per share, for a total transaction of £27,680. 6.36% of the stock is currently owned by corporate insiders.

About Henry Boot

Henry Boot is one of the UK’s leading land, property development, home building and construction businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange since 1919, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises, Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant and Road Link.

Operating across the UK, and employing over 500 people, we focus on three key markets: urban development, industrial and logistics and residential.