Balfour Beatty plc Stock Rating Rea6 May 2014 11:44
Balfour Beatty plc (LON:BBY)‘s stock had its “outperform” rating reiterated by investment analysts at RBC Capital in a note issued to investors on Tuesday, American Banking and Market News reports. They currently have a GBX 310 ($5.23) target price on the stock. RBC Capital’s price objective indicates a potential upside of 8.47% from the stock’s previous close.
Balfour Beatty plc (LON:BBY) opened at 234.867 on Tuesday. Balfour Beatty plc has a one year low of GBX 207.50 and a one year high of GBX 322.20. The stock has a 50-day moving average of GBX 289.7 and a 200-day moving average of GBX 287.7. The company’s market cap is £1.610 billion.
A number of other firms have also recently commented on BBY. Analysts at HSBC reiterated a “neutral” rating on shares of Balfour Beatty plc in a research note on Tuesday, April 29th. They now have a GBX 285 ($4.81) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Balfour Beatty plc in a research note on Friday, April 25th. They now have a GBX 280 ($4.72) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Balfour Beatty plc in a research note on Friday, April 25th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the stock. Balfour Beatty plc has an average rating of “Hold” and an average price target of GBX 296.36 ($5.00).
Balfour Beatty plc is a global infrastructure company that delivers services essential to the development, creation and care of infrastructure assets; from finance and development, through design and project management to construction and maintenance.