Share on StockTwits

Balfour Beatty plc (LON:BBY)‘s stock had its “hold” rating reiterated by equities research analysts at Beaufort Securities in a research note issued to investors on Thursday.

Shares of Balfour Beatty plc (LON:BBY) opened at 240.60 on Thursday. Balfour Beatty plc has a one year low of GBX 192.60 and a one year high of GBX 322.20. The stock has a 50-day moving average of GBX 235.0 and a 200-day moving average of GBX 262.2. The company’s market cap is £1.651 billion.

The company also recently declared a dividend, which is scheduled for Friday, December 5th. Stockholders of record on Thursday, October 9th will be given a dividend of GBX 5.60 ($0.09) per share. This represents a yield of 2.3%. The ex-dividend date of this dividend is Thursday, October 9th.

Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Balfour Beatty plc in a research note on Wednesday. They now have a GBX 220 ($3.68) 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 Wednesday. They now have a GBX 183 ($3.06) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Balfour Beatty plc in a research note on Wednesday. They now have a GBX 245 ($4.10) 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 assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.