Peel Hunt restated their buy rating on shares of Balfour Beatty (LON:BBY) in a report released on Friday. The brokerage currently has a GBX 350 ($4.84) price objective on the stock.
BBY has been the subject of several other research reports. Numis Securities reaffirmed a buy rating and set a GBX 350 ($4.84) price objective on shares of Balfour Beatty in a research report on Tuesday, December 12th. Liberum Capital reissued a buy rating and issued a GBX 350 ($4.84) target price on shares of Balfour Beatty in a report on Thursday, December 7th. Finally, Berenberg Bank reissued a buy rating and issued a GBX 350 ($4.84) target price on shares of Balfour Beatty in a report on Tuesday, December 5th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of GBX 329 ($4.55).
Shares of Balfour Beatty (LON BBY) opened at GBX 273.10 ($3.77) on Friday. Balfour Beatty has a 52-week low of GBX 252.50 ($3.49) and a 52-week high of GBX 311.70 ($4.31). The firm has a market cap of $1,880.00 and a PE ratio of 9,103.33.
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Balfour Beatty Company Profile
Balfour Beatty plc is an infrastructure company that provides maintenance, upgrade and management services in power transmission, utilities infrastructure, and road and rail. The Company operates through three segments: Construction Services segment, which is engaged in the physical construction of an asset; Support Services segment, which is engaged in supporting existing assets or functions, such as asset maintenance and refurbishment, and Infrastructure Investments segment, which is engaged in the acquisition operation and disposal of infrastructure assets, such as roads, hospitals, schools, student accommodation, military housing, waste and biomass, offshore transmission networks and other concessions.
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