Balfour Beatty’s (BBY) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Balfour Beatty (LON:BBY) in a report published on Wednesday,Digital Look reports. They currently have a GBX 1,120 target price on the stock.

BBY has been the subject of a number of other research reports. Berenberg Bank boosted their price objective on Balfour Beatty from GBX 870 to GBX 1,070 and gave the company a “buy” rating in a report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Balfour Beatty from GBX 990 to GBX 1,100 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Three investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 1,096.67.

Balfour Beatty Stock Performance

Balfour Beatty stock opened at GBX 839.50 on Wednesday. The company has a debt-to-equity ratio of 95.45, a current ratio of 0.98 and a quick ratio of 0.84. The firm has a market capitalization of £3.93 billion, a P/E ratio of 16.08, a price-to-earnings-growth ratio of 3.75 and a beta of 0.59. Balfour Beatty has a 1-year low of GBX 636.50 and a 1-year high of GBX 973. The company’s 50-day moving average is GBX 887.78 and its 200 day moving average is GBX 852.95.

Balfour Beatty (LON:BBY) last issued its quarterly earnings results on Wednesday, August 12th. The company reported GBX 21.70 earnings per share for the quarter. Balfour Beatty had a return on equity of 22.88% and a net margin of 2.60%. Research analysts forecast that Balfour Beatty will post 43.31 EPS for the current year.

About Balfour Beatty

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.