Henry Boot’s (BOOT) Buy Rating Reaffirmed at Berenberg Bank

Henry Boot (LON:BOOT)‘s stock had its “buy” rating restated by Berenberg Bank in a research report issued on Wednesday,Digital Look reports. They presently have a GBX 219 price target on the stock. Berenberg Bank’s target price suggests a potential upside of 37.17% from the stock’s current price.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 226 price target on shares of Henry Boot in a report on Monday, June 8th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Henry Boot has a consensus rating of “Buy” and a consensus price target of GBX 222.50.

Henry Boot Price Performance

Shares of Henry Boot stock opened at GBX 159.66 on Wednesday. The stock has a market capitalization of £214.40 million, a price-to-earnings ratio of 9.34, a P/E/G ratio of -11.97 and a beta of 0.23. The firm’s 50-day moving average price is GBX 163.47 and its two-hundred day moving average price is GBX 181.77. The company has a current ratio of 4.85, a quick ratio of 0.83 and a debt-to-equity ratio of 27.55. Henry Boot has a 1-year low of GBX 133.50 and a 1-year high of GBX 237.

Insider Activity at Henry Boot

In other Henry Boot news, insider Darren Littlewood bought 10,032 shares of the stock in a transaction on Tuesday, April 28th. The stock was purchased at an average price of GBX 174 per share, with a total value of £17,455.68. Also, insider Timothy Andrew Roberts bought 16,000 shares of the company’s stock in a transaction on Tuesday, April 28th. The shares were acquired at an average price of GBX 173 per share, with a total value of £27,680. Corporate insiders own 6.40% of the company’s stock.

Henry Boot Company Profile

Henry Boot is one of the UK’s leading land, property development and home building businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange for nearly 100 years, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises Hallam Land, HBD, Stonebridge Homes and Banner Plant.

Operating across the UK, and employing over 400 people, we focus on three key markets: residential, industrial and logistics, and urban development.