Raymond James Reiterates “Outperform” Rating for Bouygues SA (EN)

Bouygues SA (EPA: EN)‘s stock had its “outperform” rating reaffirmed by equities researchers at Raymond James in a research report issued on Wednesday, Analyst Ratings.Net reports. They currently have a €24.00 ($31.17) price target on the stock.

Shares of Bouygues SA (EPA: EN) traded up 0.54% during mid-day trading on Wednesday, hitting €19.725. Bouygues SA has a 52 week low of €17.54 and a 52 week high of €24.18. The stock’s 50-day moving average is currently €19.90. The company has a market cap of €6.295 billion and a P/E ratio of 11.22.

Several other analysts have also recently commented on the stock. Analysts at AlphaValue reiterated a “buy” rating on shares of Bouygues SA in a research note to investors on Thursday, May 16th. They now have a €30.50 ($39.61) price target on the stock. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Bouygues SA in a research note to investors on Wednesday, May 15th. They now have a €20.00 ($25.97) price target on the stock.

Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. Bouygues SA presently has an average rating of “Hold” and a consensus target price of €22.34 ($29.02).

Bouygues SA is a France-based group that operates in two sectors: Telecommunications and Media, and Construction.

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