Peel Hunt reissued their buy rating on shares of Balfour Beatty (LON:BBY) in a research note issued to investors on Thursday morning. The brokerage currently has a GBX 350 ($4.84) target price on the stock.
A number of other equities research analysts have also commented on BBY. Liberum Capital reaffirmed a buy rating and set a GBX 350 ($4.84) price target on shares of Balfour Beatty in a research report on Tuesday, March 6th. Numis Securities reissued a buy rating and issued a GBX 350 ($4.84) target price on shares of Balfour Beatty in a research report on Thursday, December 21st. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Balfour Beatty presently has a consensus rating of Buy and an average target price of GBX 329 ($4.55).
Shares of Balfour Beatty (LON:BBY) opened at GBX 277 ($3.83) on Thursday. The company has a market capitalization of $1,910.00 and a PE ratio of 9,233.33. Balfour Beatty has a 1 year low of GBX 252.50 ($3.49) and a 1 year high of GBX 311.70 ($4.31).
Balfour Beatty plc is an infrastructure company that provides maintenance, upgrade and management services in power transmission, utilities infrastructure, and road and rail. The Company operates through three segments: Construction Services segment, which is engaged in the physical construction of an asset; Support Services segment, which is engaged in supporting existing assets or functions, such as asset maintenance and refurbishment, and Infrastructure Investments segment, which is engaged in the acquisition operation and disposal of infrastructure assets, such as roads, hospitals, schools, student accommodation, military housing, waste and biomass, offshore transmission networks and other concessions.
Receive News & Ratings for Balfour Beatty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Balfour Beatty and related companies with MarketBeat.com's FREE daily email newsletter.