UBS Group restated their buy rating on shares of Balfour Beatty (LON:BBY) in a research note released on Friday morning, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts have also recently commented on BBY. Jefferies Financial Group began coverage on shares of Balfour Beatty in a report on Monday, July 29th. They issued a hold rating and a GBX 245 ($3.20) price target for the company. Peel Hunt restated a buy rating on shares of Balfour Beatty in a report on Wednesday, August 14th. Numis Securities restated a buy rating and issued a GBX 350 ($4.57) price target on shares of Balfour Beatty in a report on Friday, May 31st. Finally, Liberum Capital restated a buy rating on shares of Balfour Beatty in a report on Wednesday, August 14th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Balfour Beatty presently has an average rating of Buy and an average price target of GBX 331 ($4.33).
LON:BBY opened at GBX 226 ($2.95) on Friday. The company has a current ratio of 0.96, a quick ratio of 0.90 and a debt-to-equity ratio of 61.89. The stock has a market capitalization of $1.56 billion and a price-to-earnings ratio of 11.59. The firm has a fifty day simple moving average of GBX 221.22 and a two-hundred day simple moving average of GBX 250.19. Balfour Beatty has a 12 month low of GBX 192.30 ($2.51) and a 12 month high of GBX 300.10 ($3.92).
Balfour Beatty Company Profile
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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