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Balfour Beatty plc (LON:BBY)‘s stock had its “hold” rating restated by equities researchers at Deutsche Bank in a research report issued on Wednesday. They currently have a GBX 245 ($4.10) price target on the stock. Deutsche Bank’s target price suggests a potential downside of 4.30% from the company’s current price.

Balfour Beatty plc (LON:BBY) traded down 6.64% during mid-day trading on Wednesday, hitting GBX 239.00. The stock had a trading volume of 2,244,774 shares. Balfour Beatty plc has a 52 week low of GBX 192.60 and a 52 week high of GBX 322.20. The stock has a 50-day moving average of GBX 234.8 and a 200-day moving average of GBX 262.5. The company’s market cap is £1.640 billion.

The company also recently announced a dividend, which is scheduled for Friday, December 5th. Shareholders 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.

Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Balfour Beatty plc in a research note on Friday, August 15th. They now have a GBX 280 ($4.68) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Balfour Beatty plc in a research note on Tuesday, August 12th. They now have a GBX 223 ($3.73) price target on the stock. Finally, analysts at Beaufort Securities reiterated a “hold” rating on shares of Balfour Beatty plc in a research note on Tuesday, August 12th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 252.09 ($4.21).

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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