Balfour Beatty (BBY) Rating Reiterated by Liberum Capital

Balfour Beatty (LON:BBY)‘s stock had its “buy” rating restated by investment analysts at Liberum Capital in a research note issued on Friday.

A number of other equities research analysts have also issued reports on the company. Peel Hunt reissued a “buy” rating and issued a GBX 350 ($4.66) target price on shares of Balfour Beatty in a research report on Friday, February 16th. Numis Securities reissued a “buy” rating and issued a GBX 350 ($4.66) target price on shares of Balfour Beatty in a research report on Wednesday, March 14th. Finally, Barclays started coverage on Balfour Beatty in a research report on Thursday. They issued an “equal weight” rating and a GBX 310 ($4.13) target price on the stock. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Balfour Beatty has an average rating of “Buy” and a consensus target price of GBX 342 ($4.55).

Balfour Beatty opened at GBX 303 ($4.03) on Friday, MarketBeat Ratings reports. Balfour Beatty has a fifty-two week low of GBX 252.50 ($3.36) and a fifty-two week high of GBX 311.70 ($4.15).

Balfour Beatty (LON:BBY) last announced its earnings results on Wednesday, March 14th. The company reported GBX 20.90 ($0.28) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of GBX 18.80 ($0.25) by GBX 2.10 ($0.03). Balfour Beatty had a return on equity of 3.68% and a net margin of 0.40%. The business had revenue of GBX 691.60 billion for the quarter.

In other Balfour Beatty news, insider Philip Harrison sold 11,802 shares of the business’s stock in a transaction that occurred on Wednesday, March 14th. The stock was sold at an average price of GBX 284 ($3.78), for a total transaction of £33,517.68 ($44,624.79).

About Balfour Beatty

Balfour Beatty plc finances, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through Construction Services, Support Services, and Infrastructure Investments segments. The Construction Services segment provides civil engineering, building, ground engineering, mechanical and electrical installation, refurbishment and fit-out, and rail engineering services.

Analyst Recommendations for Balfour Beatty (LON:BBY)

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