Bouygues (OTCMKTS:BOUYF) Price Target Cut to €47.00 by Analysts at JPMorgan Chase & Co.

Bouygues (OTCMKTS:BOUYF) had its price objective cut by analysts at JPMorgan Chase & Co. from €48.00 ($54.55) to €47.00 ($53.41) in a research report issued on Friday, The Fly reports.

BOUYF has been the subject of several other research reports. Barclays decreased their target price on shares of Bouygues from €36.00 ($40.91) to €35.00 ($39.77) and set an “equal weight” rating for the company in a research note on Wednesday, December 8th. Zacks Investment Research upgraded shares of Bouygues from a “sell” rating to a “hold” rating in a research report on Tuesday, December 14th. Exane BNP Paribas downgraded shares of Bouygues from an “outperform” rating to a “neutral” rating in a research report on Friday, November 19th. Finally, Jefferies Financial Group raised shares of Bouygues from a “hold” rating to a “buy” rating in a research note on Monday, September 27th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $41.80.

Shares of OTCMKTS BOUYF remained flat at $$36.25 during mid-day trading on Friday. The company has a market cap of $68.86 billion, a PE ratio of 9.49 and a beta of 1.13. The company has a quick ratio of 0.89, a current ratio of 1.02 and a debt-to-equity ratio of 0.44. Bouygues has a twelve month low of $33.54 and a twelve month high of $43.07. The stock’s 50-day simple moving average is $35.62 and its 200 day simple moving average is $38.46.

Bouygues (OTCMKTS:BOUYF) last posted its earnings results on Tuesday, November 16th. The company reported $1.23 EPS for the quarter. The firm had revenue of $11.91 billion for the quarter, compared to analyst estimates of $11.87 billion. Bouygues had a return on equity of 10.33% and a net margin of 3.27%. As a group, equities analysts predict that Bouygues will post 3.49 EPS for the current fiscal year.

About Bouygues

Bouygues SA provides constructions for building, civil works, energy and services, property, roads and coals. The firm provides commercial, highway and residential construction and mobile telecommunication services. It provides construction businesses, bouygues construction bouygues immobilier, and colas.

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