Balfour Beatty Plc (BAFYY) Raised to Hold at Zacks Investment Research
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.
COPYRIGHT VIOLATION NOTICE: “Balfour Beatty Plc (BAFYY) Raised to Hold at Zacks Investment Research” was first reported by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another domain, it was stolen and republished in violation of international copyright & trademark legislation. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/10/17/balfour-beatty-plc-bafyy-raised-to-hold-at-zacks-investment-research.html.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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 MarketBeat.com's FREE daily email newsletter.