Balfour Beatty (LON:BBY) Price Target Raised to GBX 715

Balfour Beatty (LON:BBY) had its price target hoisted by Deutsche Bank Aktiengesellschaft from GBX 650 to GBX 715 in a research note released on Thursday, Marketbeat.com reports. The firm currently has a buy rating on the stock.

Separately, Berenberg Bank upped their target price on shares of Balfour Beatty from GBX 660 to GBX 710 and gave the stock a “buy” rating in a report on Monday, September 8th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 712.50.

Balfour Beatty Trading Down 2.0%

BBY stock opened at GBX 707 on Thursday. The company has a quick ratio of 0.84, a current ratio of 0.99 and a debt-to-equity ratio of 79.85. Balfour Beatty has a twelve month low of GBX 365.80 and a twelve month high of GBX 732.50. The stock has a market capitalization of £3.44 billion, a price-to-earnings ratio of 20.03, a price-to-earnings-growth ratio of 3.75 and a beta of 0.81. The firm’s fifty day simple moving average is GBX 667.45 and its two-hundred day simple moving average is GBX 589.78.

Balfour Beatty Company Profile

Balfour Beatty is a leading international infrastructure group. With 26,000 employees across the UK, US and Hong Kong, we’re leading the transformation of our industry to meet the challenges of the future.

Trusted by our customers to deliver sustainable solutions and strengthen communities, we finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.