Balfour Beatty Plc (NASDAQ:BAFYY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.

According to Zacks, “Balfour Beatty plc is an infrastructure services company. Its operating segment consists of Construction Services, Support Services and Infrastructure Investments. Construction Services segment provides physical construction of an asset. Support Services segment engages in the support existing assets or functions such as asset maintenance and refurbishment. Infrastructure Investments segment involves in acquisition, operation and disposal of infrastructure assets such as PPP concessions, student accommodation and airports. Balfour Beatty plc is headquartered in London, the United Kingdom. “

Shares of Balfour Beatty Plc (NASDAQ:BAFYY) traded down 1.23% during trading on Tuesday, reaching $7.23. 1,512 shares of the company’s stock were exchanged. The company has a 50 day moving average of $7.06 and a 200 day moving average of $7.13. Balfour Beatty Plc has a 12-month low of $6.40 and a 12-month high of $7.75.

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