Henry Boot plc Upgraded to Buy at Numis Securities Ltd (BHY)
Henry Boot plc (LON:BHY) was upgraded by Numis Securities Ltd to a “buy” rating in a research note issued on Friday. The firm currently has a GBX 254 ($4.25) price objective on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 35.47% from the stock’s previous close.
Shares of Henry Boot plc (LON:BHY) opened at 207.00 on Friday. Henry Boot plc has a 1-year low of GBX 172.00 and a 1-year high of GBX 240.25. The stock has a 50-day moving average of GBX 181.3 and a 200-day moving average of GBX 202.2. The company’s market cap is £270.9 million.
A number of other firms have also recently commented on BHY. Analysts at Investec reiterated a “buy” rating on shares of Henry Boot plc in a research note on Friday. They now have a GBX 277 ($4.63) price target on the stock. Analysts at WH Ireland reiterated a “buy” rating on shares of Henry Boot plc in a research note on Monday, June 2nd.
Henry Boot PLC is a property and construction company. The principal activities of the Company and its subsidiaries include property, which include property investment and development; land, which is engaged in land development; construction, which includes construction, civil engineering, road maintenance under a private finance initiative (LON:BHY) contract and plant hire, and other, which includes central services, head office administration and in-house leasing.
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