Henry Boot’s (BOOT) “Buy” Rating Reaffirmed at Jefferies Financial Group

Henry Boot (LON:BOOT)‘s stock had its “buy” rating reissued by Jefferies Financial Group in a research note issued to investors on Monday,Digital Look reports. They presently have a GBX 226 price target on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 37.39% from the company’s current price.

Separately, Berenberg Bank reduced their price objective on Henry Boot from GBX 230 to GBX 219 and set a “buy” rating for the company in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 222.50.

Henry Boot Stock Down 0.3%

LON:BOOT opened at GBX 164.49 on Monday. Henry Boot has a 1 year low of GBX 155 and a 1 year high of GBX 249.50. The company has a current ratio of 4.85, a quick ratio of 0.84 and a debt-to-equity ratio of 27.55. The stock has a market cap of £220.78 million, a price-to-earnings ratio of 9.62, a PEG ratio of -11.97 and a beta of 0.24. The stock has a 50-day moving average price of GBX 172.82 and a two-hundred day moving average price of GBX 195.13.

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

Insider Activity at Henry Boot

In related news, insider Timothy Andrew Roberts purchased 16,000 shares of Henry Boot stock in a transaction that occurred on Tuesday, April 28th. The stock was purchased at an average cost of GBX 173 per share, with a total value of £27,680. Also, insider Darren Littlewood purchased 10,032 shares of Henry Boot stock in a transaction that occurred on Tuesday, April 28th. The shares were bought at an average cost of GBX 174 per share, with a total value of £17,455.68. Corporate insiders own 6.40% of the company’s stock.

About Henry Boot

Henry Boot is one of the UK’s leading land, property development and home building businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange for nearly 100 years, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises Hallam Land, HBD, Stonebridge Homes and Banner Plant.

Operating across the UK, and employing over 400 people, we focus on three key markets: residential, industrial and logistics, and urban development.