Bouygues (OTCMKTS:BOUYF) Price Target Cut to €47.00 by Analysts at JPMorgan Chase & Co.

Bouygues (OTCMKTS:BOUYF) had its price objective cut by JPMorgan Chase & Co. from €48.00 ($54.55) to €47.00 ($53.41) in a research report sent to investors on Friday morning, The Fly reports.

BOUYF has been the subject of a number of other reports. Zacks Investment Research raised shares of Bouygues from a sell rating to a hold rating in a research note on Tuesday, December 14th. Jefferies Financial Group upgraded Bouygues from a hold rating to a buy rating in a report on Monday, September 27th. Barclays dropped their target price on Bouygues from €36.00 ($40.91) to €35.00 ($39.77) and set an equal weight rating on the stock in a report on Wednesday, December 8th. Finally, Exane BNP Paribas downgraded Bouygues from an outperform rating to a neutral rating in a report on Friday, November 19th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of Buy and an average target price of $41.80.

Shares of OTCMKTS:BOUYF opened at $36.25 on Friday. The company has a current ratio of 1.02, a quick ratio of 0.89 and a debt-to-equity ratio of 0.44. The company has a fifty day simple moving average of $35.52 and a 200 day simple moving average of $38.45. The firm has a market cap of $68.86 billion, a PE ratio of 9.49 and a beta of 1.13. Bouygues has a 12-month low of $33.54 and a 12-month high of $43.07.

Bouygues (OTCMKTS:BOUYF) last posted its quarterly earnings data on Tuesday, November 16th. The company reported $1.23 earnings per share for the quarter. The business had revenue of $11.91 billion during the quarter, compared to the consensus estimate of $11.87 billion. Bouygues had a net margin of 3.27% and a return on equity of 10.33%. As a group, equities research analysts forecast that Bouygues will post 3.49 EPS for the current fiscal year.

Bouygues Company Profile

Bouygues SA provides constructions for building, civil works, energy and services, property, roads and coals. The firm provides commercial, highway and residential construction and mobile telecommunication services. It provides construction businesses, bouygues construction bouygues immobilier, and colas.

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