UBS Group reiterated their buy rating on shares of Balfour Beatty (LON:BBY) in a report released on Friday morning, ThisIsMoney.Co.Uk reports.
BBY has been the topic of a number of other research reports. Jefferies Financial Group assumed coverage on shares of Balfour Beatty in a research note on Monday, July 29th. They issued a hold rating and a GBX 245 ($3.20) target price on the stock. Liberum Capital reissued a buy rating on shares of Balfour Beatty in a research note on Wednesday, August 14th. Numis Securities reissued a buy rating and issued a GBX 350 ($4.57) target price on shares of Balfour Beatty in a research note on Friday, May 31st. Finally, Peel Hunt reissued a buy rating on shares of Balfour Beatty in a research note on Wednesday, August 14th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of GBX 331 ($4.33).
Shares of LON BBY opened at GBX 219.40 ($2.87) on Friday. The stock has a market capitalization of $1.51 billion and a PE ratio of 11.25. The stock has a fifty day simple moving average of GBX 222.45 and a 200-day simple moving average of GBX 250.62. Balfour Beatty has a twelve month low of GBX 192.30 ($2.51) and a twelve month high of GBX 300.10 ($3.92). The company has a current ratio of 0.96, a quick ratio of 0.90 and a debt-to-equity ratio of 61.89.
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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