Liberum Capital Reiterates Buy Rating for Balfour Beatty (BBY)

Liberum Capital reiterated their buy rating on shares of Balfour Beatty (LON:BBY) in a research report report published on Tuesday morning. The firm currently has a GBX 350 ($4.84) price objective on the stock.

Several other brokerages also recently weighed in on BBY. Numis Securities upgraded shares of Balfour Beatty to a buy rating and set a GBX 350 ($4.84) target price for the company in a research note on Thursday, January 18th. Peel Hunt restated a buy rating and issued a GBX 340 ($4.70) target price on shares of Balfour Beatty in a research note on Friday, January 5th. Finally, Berenberg Bank restated a buy rating and issued a GBX 350 ($4.84) target price on shares of Balfour Beatty in a research note on Tuesday, December 5th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of GBX 329 ($4.55).

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Balfour Beatty (LON BBY) opened at GBX 277 ($3.83) on Tuesday. The firm has a market cap of $1,910.00 and a price-to-earnings ratio of 9,233.33. Balfour Beatty has a 52 week low of GBX 252.50 ($3.49) and a 52 week high of GBX 311.70 ($4.31).

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About Balfour Beatty

Balfour Beatty plc is an infrastructure company that provides maintenance, upgrade and management services in power transmission, utilities infrastructure, and road and rail. The Company operates through three segments: Construction Services segment, which is engaged in the physical construction of an asset; Support Services segment, which is engaged in supporting existing assets or functions, such as asset maintenance and refurbishment, and Infrastructure Investments segment, which is engaged in the acquisition operation and disposal of infrastructure assets, such as roads, hospitals, schools, student accommodation, military housing, waste and biomass, offshore transmission networks and other concessions.

Analyst Recommendations for Balfour Beatty (LON:BBY)

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