Balfour Beatty (LON:BBY)‘s stock had its “buy” rating reaffirmed by research analysts at Liberum Capital in a research report issued on Thursday, ThisIsMoney.Co.Uk reports.
Other research analysts also recently issued reports about the company. Numis Securities reaffirmed a “buy” rating and set a GBX 350 ($4.57) price target on shares of Balfour Beatty in a research note on Friday, May 31st. UBS Group reissued a “buy” rating on shares of Balfour Beatty in a report on Thursday, May 23rd. Finally, Peel Hunt reissued a “buy” rating on shares of Balfour Beatty in a report on Thursday, May 16th. Five analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of GBX 352 ($4.60).
BBY stock opened at GBX 239 ($3.12) on Thursday. Balfour Beatty has a fifty-two week low of GBX 220 ($2.87) and a fifty-two week high of GBX 318.60 ($4.16). The company has a debt-to-equity ratio of 61.89, a quick ratio of 0.90 and a current ratio of 0.96. The company has a market cap of $1.63 billion and a P/E ratio of 12.26.
About Balfour Beatty
Balfour Beatty plc finances, designs, 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.
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