Balfour Beatty’s Buy Rating Reaffirmed at Liberum Capital (BBY)
Balfour Beatty (LON:BBY)‘s stock had its “buy” rating restated by research analysts at Liberum Capital in a report released on Tuesday, AnalystRatingsNetwork reports. They currently have a GBX 300 ($4.81) price target on the stock. Liberum Capital’s target price would indicate a potential upside of 8.77% from the company’s current price.
BBY has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Balfour Beatty (LON:BBY) in a research note to investors on Monday. They now have a GBX 280 ($4.49) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. raised their price target on shares of Balfour Beatty (LON:BBY) from GBX 251 ($4.02) to GBX 275 ($4.40) in a research note to investors on Wednesday, September 18th. They now have a “neutral” rating on the stock.
Three investment analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the stock. Balfour Beatty currently has an average rating of “Hold” and a consensus target price of GBX 252.40 ($4.04).
Balfour Beatty (LON:BBY) opened at 285.90 on Tuesday. Balfour Beatty has a 52-week low of GBX 206.70 and a 52-week high of GBX 321.45. The stock’s 50-day moving average is GBX 255.7 and its 200-day moving average is GBX 240.8. The company’s market cap is £1.958 billion.
Balfour Beatty plc is an integrated infrastructure services company. It operates in more than 80 countries.
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