Media headlines about Balfour Beatty (LON:BBY) have trended positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than 6,000 news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Balfour Beatty earned a daily sentiment score of 2.37 on their scale. InfoTrie also assigned news coverage about the company an news buzz score of 6 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock’s share price in the near term.
A number of equities analysts recently weighed in on the stock. Liberum Capital restated a “buy” rating on shares of Balfour Beatty in a report on Wednesday, October 17th. UBS Group boosted their target price on shares of Balfour Beatty from GBX 330 ($4.31) to GBX 355 ($4.64) and gave the stock a “buy” rating in a report on Thursday, August 16th. Berenberg Bank boosted their target price on shares of Balfour Beatty from GBX 350 ($4.57) to GBX 360 ($4.70) and gave the stock a “buy” rating in a report on Wednesday, August 15th. Numis Securities restated a “buy” rating on shares of Balfour Beatty in a report on Wednesday, August 15th. Finally, Peel Hunt restated a “buy” rating and set a GBX 350 ($4.57) target price on shares of Balfour Beatty in a report on Wednesday, August 15th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of GBX 345.83 ($4.52).
BBY traded down GBX 2.40 ($0.03) during trading on Wednesday, reaching GBX 273.90 ($3.58). 1,084,059 shares of the stock were exchanged, compared to its average volume of 2,420,000. Balfour Beatty has a twelve month low of GBX 252.50 ($3.30) and a twelve month high of GBX 311.70 ($4.07).
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About Balfour Beatty
Balfour Beatty plc finances, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through Construction Services, Support Services, and Infrastructure Investments segments. The Construction Services segment provides civil engineering, building, ground engineering, mechanical and electrical installation, refurbishment and fit-out, and rail engineering services.
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