Balfour Beatty plc Given Underweight Rating at JPMorgan Chase & Co. (BBY)
Other equities research analysts have also recently issued reports about the stock. Analysts at Westhouse Securities downgraded shares of Balfour Beatty plc to a “sell” rating in a research note on Thursday. They now have a GBX 183 ($3.12) price target on the stock, down previously from GBX 220 ($3.75). Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Balfour Beatty plc in a research note on Thursday. They now have a GBX 246 ($4.19) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Balfour Beatty plc in a research note on Thursday. They now have a GBX 233 ($3.97) price target on the stock. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 250.67 ($4.27).
Balfour Beatty plc (LON:BBY) opened at 220.67 on Friday. Balfour Beatty plc has a 1-year low of GBX 207.50 and a 1-year high of GBX 322.20. The stock has a 50-day moving average of GBX 232.3 and a 200-day moving average of GBX 275.. The company’s market cap is £1.513 billion.
Balfour Beatty plc is a global infrastructure company that delivers services essential to the development, creation and care of infrastructure assets; from finance and development, through design and project management to construction and maintenance.
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