Berenberg Bank Cuts Henry Boot (LON:BOOT) Price Target to GBX 230

Henry Boot (LON:BOOT) had its price objective cut by Berenberg Bank from GBX 326 to GBX 230 in a report published on Thursday morning,London Stock Exchange reports. They currently have a buy rating on the stock.

Henry Boot Trading Up 1.1%

Shares of BOOT opened at GBX 186 on Thursday. Henry Boot has a one year low of GBX 169 and a one year high of GBX 249.50. The company has a debt-to-equity ratio of 27.55, a quick ratio of 0.84 and a current ratio of 4.85. The company has a market capitalization of £249.57 million, a P/E ratio of 9.84, a P/E/G ratio of -11.97 and a beta of 0.32. The stock has a 50-day moving average price of GBX 188.26 and a 200 day moving average price of GBX 210.04.

Henry Boot (LON:BOOT) last released its earnings results on Tuesday, March 24th. The company reported GBX 15.90 earnings per share for the quarter. Henry Boot had a return on equity of 5.16% and a net margin of 8.55%. Sell-side analysts forecast that Henry Boot will post 18.2106097 EPS for the current fiscal year.

Henry Boot Company Profile

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.