Balfour Beatty (LON:BBY) Sets New 1-Year High After Analyst Upgrade

Balfour Beatty plc (LON:BBY)’s stock price reached a new 52-week high during mid-day trading on Wednesday after Deutsche Bank Aktiengesellschaft raised their price target on the stock from GBX 990 to GBX 1,100. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. Balfour Beatty traded as high as GBX 973 and last traded at GBX 952.26, with a volume of 13847977 shares changing hands. The stock had previously closed at GBX 865.50.

A number of other analysts have also weighed in on the stock. Berenberg Bank raised their price target on shares of Balfour Beatty from GBX 870 to GBX 1,070 and gave the company a “buy” rating in a report on Thursday. Jefferies Financial Group reissued a “buy” rating and issued a GBX 985 price target on shares of Balfour Beatty in a research note on Thursday. Three analysts have rated the stock with a Buy rating, According to MarketBeat, Balfour Beatty currently has an average rating of “Buy” and an average target price of GBX 1,051.67.

Trending Headlines about Balfour Beatty

Here are the key news stories impacting Balfour Beatty this week:

• Positive Sentiment: 2026 guidance raised: Balfour Beatty increased its full-year outlook after reporting strong first-half profit growth. The company also highlighted a return to profitability in its U.S. construction business, strengthening confidence in earnings recovery. Balfour Beatty Raises 2026 Guidance After Strong First-Half Profit Growth
• Positive Sentiment: Strong infrastructure demand: Investors are responding to Balfour Beatty’s ability to benefit from infrastructure projects, helping drive a major rally and a move to a record high. Balfour Beatty shares jump 10% to record high as it cashes in on infrastructure projects
• Positive Sentiment: Analyst sentiment improved: Deutsche Bank raised its price target from GBX 990 to GBX 1,100 and assigned a “buy” rating. Berenberg also increased its target from GBX 870 to GBX 1,070, while Jefferies reaffirmed its “buy” rating with a GBX 985 target. Balfour Beatty broker ratings
• Neutral Sentiment: Earnings confirmed solid profitability: Balfour Beatty reported quarterly earnings per share of GBX 21.70, with a 23.73% return on equity and a 2.77% net margin. The results reinforce the positive outlook, although the relatively low margin leaves sensitivity to project execution and cost pressures. Balfour Beatty earnings report
• Negative Sentiment: Profit-taking risk: Following the sharp rally to a record high, some investors may be locking in gains. This technical pressure can weigh on the shares even though broker targets and company guidance remain favorable.

Balfour Beatty Stock Down 1.0%

The company has a current ratio of 1.02, a quick ratio of 0.84 and a debt-to-equity ratio of 89.50. The firm’s 50 day simple moving average is GBX 862.74 and its 200-day simple moving average is GBX 808.43. The stock has a market capitalization of £4.37 billion, a price-to-earnings ratio of 17.56, a price-to-earnings-growth ratio of 3.75 and a beta of 0.59.

Balfour Beatty (LON:BBY) last issued its quarterly earnings results on Wednesday, August 12th. The company reported GBX 21.70 EPS for the quarter. Balfour Beatty had a return on equity of 23.73% and a net margin of 2.77%. Equities analysts expect that Balfour Beatty plc will post 43.3100698 earnings per share for the current fiscal year.

Balfour Beatty Company Profile

Balfour Beatty is a leading international infrastructure group. With 26,000 employees across the UK, US and Hong Kong, we’re leading the transformation of our industry to meet the challenges of the future.

Trusted by our customers to deliver sustainable solutions and strengthen communities, we finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.

Collaborating with governments, our customers and partners, we deliver powerful new solutions, shape thinking, create skylines and inspire a new generation of talent to be the change-makers of tomorrow.