Balfour Beatty (LON:BBY) Given New GBX 715 Price Target at Deutsche Bank Aktiengesellschaft

Balfour Beatty (LON:BBY) had its price target boosted by Deutsche Bank Aktiengesellschaft from GBX 650 to GBX 715 in a research report sent to investors on Thursday,Digital Look reports. They currently have a buy rating on the stock.

Separately, Berenberg Bank boosted their price objective on Balfour Beatty from GBX 660 to GBX 710 and gave the company a “buy” rating in a research report on Monday, September 8th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Balfour Beatty has a consensus rating of “Buy” and a consensus target price of GBX 712.50.

Balfour Beatty Trading Down 2.0%

Shares of Balfour Beatty stock traded down GBX 14.50 during trading on Thursday, reaching GBX 707. 1,932,802 shares of the company were exchanged, compared to its average volume of 2,570,128. The company has a quick ratio of 0.84, a current ratio of 0.99 and a debt-to-equity ratio of 79.85. Balfour Beatty has a twelve month low of GBX 365.80 and a twelve month high of GBX 732.50. The firm has a market capitalization of £3.29 billion, a price-to-earnings ratio of 20.03, a P/E/G ratio of 3.75 and a beta of 0.81. The business has a 50-day moving average price of GBX 666.03 and a 200-day moving average price of GBX 587.66.

About Balfour Beatty

Balfour Beatty is a leading international infrastructure group. With 26,000 employees across the UK, US and Hong Kong, we’re leading the transformation of our industry to meet the challenges of the future.

Trusted by our customers to deliver sustainable solutions and strengthen communities, we finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.