Balfour Beatty (LON:BBY) Reaches New 12-Month High – Time to Buy?

Balfour Beatty plc (LON:BBY)’s share price hit a new 52-week high during trading on Monday . The company traded as high as GBX 472.80 ($5.89) and last traded at GBX 472.60 ($5.88), with a volume of 109182 shares traded. The stock had previously closed at GBX 466 ($5.80).

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft upped their target price on shares of Balfour Beatty from GBX 500 ($6.23) to GBX 575 ($7.16) and gave the stock a “buy” rating in a research note on Friday, November 22nd.

Balfour Beatty Trading Up 0.5 %

The company has a debt-to-equity ratio of 79.17, a quick ratio of 0.84 and a current ratio of 0.99. The company’s 50-day moving average price is GBX 450.02 and its 200-day moving average price is GBX 435.13. The firm has a market capitalization of £2.40 billion, a PE ratio of 1,121.43, a PEG ratio of 3.75 and a beta of 0.81.

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.