Balfour Beatty (BBY) Rating Reiterated by Peel Hunt

Balfour Beatty (LON:BBY)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a report issued on Tuesday.

Other equities research analysts have also recently issued research reports about the stock. Liberum Capital reissued a “buy” rating on shares of Balfour Beatty in a report on Thursday, May 17th. Numis Securities reissued a “buy” rating and set a GBX 350 ($4.70) target price on shares of Balfour Beatty in a report on Wednesday, March 14th.

Shares of BBY stock opened at GBX 304 ($4.08) on Tuesday. Balfour Beatty has a 1 year low of GBX 252.50 ($3.39) and a 1 year high of GBX 311.70 ($4.18).

Balfour Beatty (LON:BBY) last issued its earnings results on Wednesday, March 14th. The company reported GBX 20.90 ($0.28) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of GBX 18.80 ($0.25) by GBX 2.10 ($0.03). Balfour Beatty had a net margin of 0.40% and a return on equity of 3.68%. The business had revenue of GBX 691.60 billion for the quarter.

In other news, insider Philip Harrison sold 11,802 shares of the business’s stock in a transaction on Wednesday, March 14th. The shares were sold at an average price of GBX 284 ($3.81), for a total transaction of £33,517.68 ($44,972.06).

Balfour Beatty Company Profile

Balfour Beatty plc finances, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through Construction Services, Support Services, and Infrastructure Investments segments. The Construction Services segment provides civil engineering, building, ground engineering, mechanical and electrical installation, refurbishment and fit-out, and rail engineering services.

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