Balfour Beatty (LON:BBY)‘s stock had its “buy” rating restated by Liberum Capital in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports.
BBY has been the subject of several other research reports. Jefferies Financial Group began 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) price target for the company. Peel Hunt reissued a “buy” rating on shares of Balfour Beatty in a research note on Wednesday, August 14th. Finally, UBS Group reissued a “buy” rating on shares of Balfour Beatty in a research note on Thursday, September 19th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Balfour Beatty has an average rating of “Buy” and a consensus price target of GBX 331 ($4.33).
Shares of Balfour Beatty stock traded down GBX 0.40 ($0.01) during mid-day trading on Friday, hitting GBX 216.40 ($2.83). The stock had a trading volume of 2,628,358 shares, compared to its average volume of 2,420,000. The firm has a 50-day moving average of GBX 219.59 and a two-hundred day moving average of GBX 237.85. Balfour Beatty has a 12-month low of GBX 192.30 ($2.51) and a 12-month high of GBX 295.80 ($3.87). The company has a quick ratio of 0.88, a current ratio of 0.94 and a debt-to-equity ratio of 72.73. The firm has a market cap of $1.49 billion and a P/E ratio of 13.44.
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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