Balfour Beatty (LON:BBY)‘s stock had its “buy” rating reissued by equities research analysts at Liberum Capital in a research note issued on Monday. They currently have a GBX 350 ($4.75) price target on the stock. Liberum Capital’s price objective indicates a potential upside of 17.46% from the company’s previous close.

Several other equities analysts have also recently issued reports on the stock. Peel Hunt restated a “buy” rating and issued a GBX 340 ($4.61) price target on shares of Balfour Beatty in a research report on Friday, January 5th. Numis Securities cut shares of Balfour Beatty to an “add” rating and set a GBX 350 ($4.75) price target for the company. in a research report on Friday, December 29th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 350 ($4.75) price target on shares of Balfour Beatty in a research report on Tuesday, December 5th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 327.57 ($4.44).

Shares of Balfour Beatty (LON:BBY) traded down GBX 9.62 ($0.13) during midday trading on Monday, reaching GBX 297.98 ($4.04). 4,310,000 shares of the company’s stock traded hands, compared to its average volume of 1,870,000. Balfour Beatty has a 1 year low of GBX 252.50 ($3.42) and a 1 year high of GBX 311.70 ($4.23). The firm has a market cap of $2,060.00 and a PE ratio of 9,932.67.

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About Balfour Beatty

Balfour Beatty plc is an infrastructure company that provides maintenance, upgrade and management services in power transmission, utilities infrastructure, and road and rail. The Company operates through three segments: Construction Services segment, which is engaged in the physical construction of an asset; Support Services segment, which is engaged in supporting existing assets or functions, such as asset maintenance and refurbishment, and Infrastructure Investments segment, which is engaged in the acquisition operation and disposal of infrastructure assets, such as roads, hospitals, schools, student accommodation, military housing, waste and biomass, offshore transmission networks and other concessions.

Analyst Recommendations for Balfour Beatty (LON:BBY)

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