Henry Boot (LON:BOOT) Earns Buy Rating from Berenberg Bank

Henry Boot (LON:BOOT)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a note issued to investors on Tuesday,Digital Look reports. They presently have a GBX 326 price target on the stock. Berenberg Bank’s price objective points to a potential upside of 84.18% from the company’s previous close.

Henry Boot Stock Up 1.7%

BOOT stock opened at GBX 177 on Tuesday. The stock has a market capitalization of £237.50 million, a PE ratio of 9.37, a price-to-earnings-growth ratio of -11.97 and a beta of 0.32. The company has a fifty day moving average of GBX 195.90 and a 200-day moving average of GBX 212.19. The company has a debt-to-equity ratio of 23.83, a quick ratio of 0.84 and a current ratio of 2.29. Henry Boot has a one year low of GBX 170 and a one year high of GBX 249.50.

Henry Boot (LON:BOOT) last issued its quarterly 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 7.47% and a return on equity of 6.25%. As a group, analysts expect that Henry Boot will post 18.2106097 EPS 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.