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Balfour Beatty plc (LON:BBY)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research note issued to investors on Thursday. They currently have a GBX 280 ($4.65) target price on the stock. Liberum Capital’s price objective would indicate a potential upside of 16.13% from the stock’s previous close.

Shares of Balfour Beatty plc (LON:BBY) traded up 0.79% during mid-day trading on Thursday, hitting GBX 243.00. The stock had a trading volume of 2,470,930 shares. 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 240.2 and its 200-day moving average is GBX 258.1. The company’s market cap is £1.667 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.

A number of other analysts have also recently weighed in on BBY. Analysts at Westhouse Securities reiterated a “sell” rating on shares of Balfour Beatty plc in a research note on Thursday. They now have a GBX 183 ($3.04) price target on the stock. Separately, analysts at Berenberg Bank raised their price target on shares of Balfour Beatty plc from GBX 280 ($4.65) to GBX 290 ($4.81) in a research note on Thursday, August 28th. They now have a “buy” rating on the stock. Finally, analysts at Beaufort Securities reiterated a “hold” rating on shares of Balfour Beatty plc in a research note on Thursday, August 21st. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company. Balfour Beatty plc has an average rating of “Hold” and an average target price of GBX 253 ($4.20).

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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