Zacks Investment Research Downgrades Balfour Beatty (OTCMKTS:BAFYY) to Sell

Balfour Beatty (OTCMKTS:BAFYY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Tuesday, January 2nd.

According to Zacks, “Balfour Beatty plc is an infrastructure services company. Its operating segment consists of Construction Services, Support Services and Infrastructure Investments. Construction Services segment provides physical construction of an asset. Support Services segment engages in the support existing assets or functions such as asset maintenance and refurbishment. Infrastructure Investments segment involves in acquisition, operation and disposal of infrastructure assets such as PPP concessions, student accommodation and airports. Balfour Beatty plc is headquartered in London, the United Kingdom. “

Shares of Balfour Beatty (OTCMKTS BAFYY) opened at $8.32 on Tuesday. Balfour Beatty has a 12-month low of $6.56 and a 12-month high of $8.23.

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