Balfour Beatty plc (LON:BBY – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 781.94 and traded as high as GBX 869.50. Balfour Beatty shares last traded at GBX 849.50, with a volume of 1,657,237 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 985 price target on shares of Balfour Beatty in a report on Monday, June 8th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 856.67.
Read Our Latest Research Report on Balfour Beatty
Balfour Beatty Stock Down 1.2%
Balfour Beatty (LON:BBY – Get Free Report) last announced its quarterly earnings data on Thursday, June 18th. The company reported GBX 14.40 earnings per share for the quarter. Balfour Beatty had a net margin of 2.77% and a return on equity of 23.73%. The business had revenue of GBX 452.20 billion for the quarter. Equities research analysts predict that Balfour Beatty plc will post 43.3100698 EPS for the current year.
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.
Collaborating with governments, our customers and partners, we deliver powerful new solutions, shape thinking, create skylines and inspire a new generation of talent to be the change-makers of tomorrow.
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