Balfour Beatty (LON:BBY) Given Buy Rating at Jefferies Financial Group

Balfour Beatty (LON:BBY)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Financial Group in a report issued on Thursday,London Stock Exchange reports. They currently have a GBX 985 target price on the stock. Jefferies Financial Group’s target price suggests a potential upside of 4.95% from the company’s current price.

Separately, Berenberg Bank lifted their price objective on shares of Balfour Beatty from GBX 870 to GBX 1,070 and gave the company a “buy” rating in a report on Thursday. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Balfour Beatty presently has an average rating of “Buy” and a consensus price target of GBX 923.33.

Balfour Beatty Trading Up 1.3%

Shares of LON:BBY opened at GBX 938.50 on Thursday. Balfour Beatty has a 12 month low of GBX 549 and a 12 month high of GBX 973. The company has a quick ratio of 0.84, a current ratio of 1.02 and a debt-to-equity ratio of 89.50. The company’s fifty day simple moving average is GBX 860.50 and its 200 day simple moving average is GBX 806.92. The firm has a market cap of £4.49 billion, a price-to-earnings ratio of 18.05, a PEG ratio of 3.75 and a beta of 0.59.

Balfour Beatty (LON:BBY) last announced its earnings results on Wednesday, August 12th. The company reported GBX 21.70 earnings per share (EPS) for the quarter. Balfour Beatty had a return on equity of 23.73% and a net margin of 2.77%. As a group, research analysts forecast that Balfour Beatty will post 43.3100698 EPS for the current fiscal year.

About Balfour Beatty

Balfour Beatty is a leading international infrastructure group. With 26,000 employees across the UK, US and Hong Kong, we’re leading the transformation of our industry to meet the challenges of the future.

Trusted by our customers to deliver sustainable solutions and strengthen communities, we finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.

Collaborating with governments, our customers and partners, we deliver powerful new solutions, shape thinking, create skylines and inspire a new generation of talent to be the change-makers of tomorrow.