Balfour Beatty (LON:BBY) Rating Reiterated by UBS Group

UBS Group reiterated their buy rating on shares of Balfour Beatty (LON:BBY) in a report released on Friday morning, ThisIsMoney.Co.Uk reports.

Several other equities research analysts also recently weighed in on BBY. Jefferies Financial Group started coverage on Balfour Beatty in a report on Monday, July 29th. They set a hold rating and a GBX 245 ($3.20) price target for the company. Liberum Capital reaffirmed a buy rating on shares of Balfour Beatty in a report on Thursday, June 13th. Peel Hunt reaffirmed a buy rating on shares of Balfour Beatty in a report on Friday, June 14th. Finally, Numis Securities reaffirmed a buy rating and set a GBX 350 ($4.57) price target on shares of Balfour Beatty in a report on Friday, May 31st. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. Balfour Beatty presently has a consensus rating of Buy and a consensus target price of GBX 334.17 ($4.37).

Shares of BBY stock traded up GBX 0.60 ($0.01) during trading hours on Friday, hitting GBX 198.30 ($2.59). The stock had a trading volume of 1,879,109 shares, compared to its average volume of 2,420,000. The company has a debt-to-equity ratio of 61.89, a current ratio of 0.96 and a quick ratio of 0.90. The stock has a 50 day moving average price of GBX 227.72. Balfour Beatty has a twelve month low of GBX 193.10 ($2.52) and a twelve month high of GBX 301.70 ($3.94). The company has a market capitalization of $1.37 billion and a price-to-earnings ratio of 10.17.

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.

See Also: Accumulation/Distribution

Analyst Recommendations for Balfour Beatty (LON:BBY)

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