Henry Boot’s (BOOT) “Buy” Rating Reaffirmed at Berenberg Bank

Henry Boot (LON:BOOT)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a note issued to investors on Tuesday,Digital Look reports. They presently have a GBX 326 price target on the stock. Berenberg Bank’s price objective points to a potential upside of 84.18% from the company’s previous close.

Henry Boot Stock Performance

LON BOOT opened at GBX 177 on Tuesday. The firm has a market cap of £237.50 million, a P/E ratio of 9.37, a P/E/G ratio of -11.97 and a beta of 0.32. Henry Boot has a 52-week low of GBX 170 and a 52-week high of GBX 249.50. The business’s 50-day moving average price is GBX 195.90 and its 200 day moving average price is GBX 212.19. The company has a quick ratio of 0.84, a current ratio of 2.29 and a debt-to-equity ratio of 23.83.

Henry Boot (LON:BOOT) last posted its quarterly earnings data on Tuesday, March 24th. The company reported GBX 15.90 EPS for the quarter. Henry Boot had a return on equity of 6.25% and a net margin of 7.47%. On average, equities research analysts expect that Henry Boot will post 18.2106097 earnings per share for the current year.

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.