Henry Boot (LON:BOOT) Price Target Lowered to GBX 231 at Jefferies Financial Group

Henry Boot (LON:BOOT) had its price target decreased by research analysts at Jefferies Financial Group from GBX 266 to GBX 231 in a note issued to investors on Thursday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price target points to a potential upside of 24.19% from the company’s previous close.

Separately, Berenberg Bank cut their price objective on shares of Henry Boot from GBX 326 to GBX 230 and set a “buy” rating on the stock in a report on Thursday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 230.50.

Henry Boot Stock Performance

LON:BOOT remained flat at GBX 186 on Thursday. The company’s stock had a trading volume of 73,533 shares, compared to its average volume of 85,421. The company has a quick ratio of 0.84, a current ratio of 4.85 and a debt-to-equity ratio of 27.55. Henry Boot has a 12-month low of GBX 169 and a 12-month high of GBX 249.50. The firm has a market capitalization of £249.57 million, a PE ratio of 9.84, a price-to-earnings-growth ratio of -11.97 and a beta of 0.32. The business has a 50 day moving average of GBX 189.66 and a 200-day moving average of GBX 210.42.

Henry Boot (LON:BOOT) last issued its earnings results on Tuesday, March 24th. The company reported GBX 15.90 earnings per share (EPS) for the quarter. Henry Boot had a net margin of 8.55% and a return on equity of 5.16%. As a group, equities research analysts predict that Henry Boot will post 18.2106097 earnings per share for the current year.

About Henry Boot

Henry Boot is one of the UK’s leading land, property development, home building and construction businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange since 1919, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises, Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant and Road Link.

Operating across the UK, and employing over 500 people, we focus on three key markets: urban development, industrial and logistics and residential.