Balfour Beatty plc Rating Reiterated by Jefferies Group (BBY)
Balfour Beatty plc (LON:BBY)‘s stock had its “hold” rating restated by investment analysts at Jefferies Group in a note issued to investors on Friday. They currently have a GBX 233 ($3.92) price objective on the stock. Jefferies Group’s price objective points to a potential downside of 1.06% from the stock’s previous close.
A number of other analysts have also recently weighed in on BBY. Analysts at Liberum Capital reiterated a “buy” rating on shares of Balfour Beatty plc in a research note on Monday. They now have a GBX 280 ($4.71) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Balfour Beatty plc in a research note on Friday, August 1st. They now have a GBX 250 ($4.21) price target on the stock. Finally, analysts at Westhouse Securities reiterated a “sell” rating on shares of Balfour Beatty plc in a research note on Thursday, July 31st. They now have a GBX 183 ($3.08) price target on the stock. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of GBX 250.73 ($4.22).
Balfour Beatty plc (LON:BBY) opened at 236.00 on Friday. Balfour Beatty plc has a 1-year low of GBX 192.60 and a 1-year high of GBX 322.20. The stock’s 50-day moving average is GBX 232.9 and its 200-day moving average is GBX 265.5. The company’s market cap is £1.618 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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