Share on StockTwits

Analysts at Berenberg Bank upped their price target on shares of Balfour Beatty plc (LON:BBY) from GBX 280 ($4.63) to GBX 290 ($4.80) in a research report issued to clients and investors on Thursday. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 19.44% from the stock’s previous close.

Balfour Beatty plc (LON:BBY) traded down 0.74% on Thursday, hitting GBX 241.00. The stock had a trading volume of 898,967 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 237.2 and a 200-day moving average of GBX 260.. The company’s market cap is £1.653 billion.

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

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 Wednesday. They now have a GBX 280 ($4.63) price target on the stock. Separately, analysts at Beaufort Securities reiterated a “hold” rating on shares of Balfour Beatty plc in a research note on Thursday, August 21st. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of Balfour Beatty plc in a research note on Wednesday, August 20th. They now have a GBX 220 ($3.64) price target on the stock. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 253 ($4.19).

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.

Receive News & Ratings for Balfour Beatty plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Balfour Beatty plc and related companies with Analyst Ratings Network's FREE daily email newsletter.