FinnCap Reaffirms Buy Rating for Henry Boot plc (BHY)
Henry Boot plc (LON:BHY)‘s stock had its “buy” rating restated by equities research analysts at FinnCap in a note issued to investors on Thursday, StockTargetPrices.com reports. They presently have a GBX 398 ($5.18) price objective on the stock. FinnCap’s price objective points to a potential upside of 69.36% from the company’s previous close.
Separately, Numis Securities Ltd lowered shares of Henry Boot plc to an “add” rating and set a GBX 265 ($3.45) price objective for the company. in a report on Monday, March 27th.
Henry Boot plc (LON:BHY) opened at 235.00 on Thursday. Henry Boot plc has a 1-year low of GBX 161.24 and a 1-year high of GBX 243.80. The firm has a 50-day moving average of GBX 229.70 and a 200 day moving average of GBX 209.13.
The business also recently disclosed a dividend, which will be paid on Tuesday, May 30th. Shareholders of record on Thursday, April 27th will be issued a dividend of GBX 4.50 ($0.06) per share. This is a positive change from Henry Boot plc’s previous dividend of $2.50. This represents a yield of 1.91%. The ex-dividend date of this dividend is Thursday, April 27th.
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In other Henry Boot plc news, insider John T. Sutcliffe sold 5,000 shares of the firm’s stock in a transaction on Monday, March 27th. The shares were sold at an average price of GBX 235 ($3.06), for a total transaction of £11,750 ($15,285.55). Also, insider John T. Sutcliffe acquired 2,705 shares of the firm’s stock in a transaction on Thursday, April 6th. The shares were bought at an average cost of GBX 234 ($3.04) per share, with a total value of £6,329.70 ($8,234.29).
Henry Boot plc Company Profile
Henry Boot PLC is a land development, property investment and development, and construction company. The Company sources and acquires land; promotes planning consents; acquires, develops, manages or sells investment properties and service constructors with plant; runs its Private Finance Initiative (PFI) project, and refurbishes and constructs buildings.
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