Shares of Balfour Beatty plc (LON:BBY) have been given an average rating of “Buy” by the eight analysts that are covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 329 ($4.46).
Several research analysts have weighed in on the stock. Liberum Capital reiterated a “buy” rating and issued a GBX 350 ($4.75) price target on shares of Balfour Beatty in a research report on Friday, January 5th. Peel Hunt reiterated 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 upgraded shares of Balfour Beatty to a “buy” rating and set a GBX 350 ($4.75) price target on the stock in a research report on Thursday, January 18th. Finally, Berenberg Bank reiterated 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.
Balfour Beatty (LON BBY) opened at GBX 292.90 ($3.97) on Friday. Balfour Beatty has a 52-week low of GBX 252.50 ($3.42) and a 52-week high of GBX 311.70 ($4.23). The firm has a market cap of $2,020.00 and a P/E ratio of 9,763.33.
Balfour Beatty Company Profile
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.
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