Henry Boot plc (BHY) Receives “Buy” Rating from FinnCap
Henry Boot plc (LON:BHY)‘s stock had its “buy” rating reissued by investment analysts at FinnCap in a research note issued on Monday, StockTargetPrices.com reports. They currently have a GBX 398 ($5.07) price target on the stock. FinnCap’s price target points to a potential upside of 69.36% from the stock’s current price.
Separately, Numis Securities Ltd lowered Henry Boot plc to an “add” rating and set a GBX 265 ($3.38) price objective for the company. in a research note on Monday, March 27th.
Shares of Henry Boot plc (LON BHY) traded up 0.75% on Monday, reaching GBX 235.00. 36,847 shares of the company were exchanged. Henry Boot plc has a 12-month low of GBX 161.24 and a 12-month high of GBX 243.80. The stock’s 50-day moving average is GBX 229.70 and its 200 day moving average is GBX 209.13.
The business also recently disclosed a dividend, which was paid on Tuesday, May 30th. Stockholders of record on Thursday, April 27th were paid a dividend of GBX 4.50 ($0.06) per share. This represents a dividend yield of 1.91%. The ex-dividend date was Thursday, April 27th. This is a positive change from Henry Boot plc’s previous dividend of $2.50.
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In related news, insider John T. Sutcliffe sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, March 27th. The stock was sold at an average price of GBX 235 ($2.99), for a total transaction of £11,750 ($14,970.06). Also, insider John T. Sutcliffe bought 2,705 shares of the firm’s stock in a transaction that occurred on Thursday, April 6th. The shares were acquired at an average price of GBX 234 ($2.98) per share, with a total value of £6,329.70 ($8,064.34).
About Henry Boot plc
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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