Balfour Beatty plc Stock Rating Reaffirmed by Beaufort Securities (BBY)
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Balfour Beatty plc in a research note on Monday. They now have a GBX 250 ($4.19) price target on the stock. Separately, analysts at Westhouse Securities reiterated a “sell” rating on shares of Balfour Beatty plc in a research note on Monday. They now have a GBX 183 ($3.07) 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 Friday. They now have a GBX 233 ($3.91) price target on the stock. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company. Balfour Beatty plc presently has a consensus rating of “Hold” and an average price target of GBX 250.73 ($4.21).
Shares of Balfour Beatty plc (LON:BBY) traded down 1.81% during mid-day trading on Tuesday, hitting GBX 238.60. 6,547,050 shares of the company’s stock traded hands. Balfour Beatty plc has a 52 week low of GBX 192.60 and a 52 week high of GBX 322.20. The stock’s 50-day moving average is GBX 233.2 and its 200-day moving average is GBX 264.2. The company’s market cap is £1.636 billion.
The company also recently announced a dividend, which is scheduled for Friday, December 5th. Investors of record on Thursday, October 9th will be paid a dividend of GBX 5.60 ($0.09) per share. This represents a dividend yield of 2.3%. The ex-dividend date is Thursday, October 9th.
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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