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

Berenberg Bank reiterated their buy rating on shares of Henry Boot (LON:BOOT) in a research report sent to investors on Wednesday,Digital Look reports. Berenberg Bank currently has a GBX 219 price objective on the stock.

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 226 price objective on shares of Henry Boot in a report on Monday, June 8th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 222.50.

Henry Boot Trading Down 1.0%

LON BOOT opened at GBX 151 on Wednesday. The stock has a market capitalization of £202.78 million, a price-to-earnings ratio of 8.83, a PEG ratio of -11.97 and a beta of 0.23. The stock’s 50 day moving average price is GBX 163.15 and its two-hundred day moving average price is GBX 180.57. The company has a debt-to-equity ratio of 27.55, a quick ratio of 0.83 and a current ratio of 4.85. Henry Boot has a 52 week low of GBX 133.50 and a 52 week high of GBX 237.

Insider Activity at Henry Boot

In related news, insider Earl Sibley purchased 10,000 shares of the firm’s stock in a transaction on Thursday, July 23rd. The stock was purchased at an average cost of GBX 154 per share, for a total transaction of £15,400. Also, insider Timothy Andrew Roberts purchased 16,000 shares of the stock in a transaction on Tuesday, April 28th. The shares were bought at an average cost of GBX 173 per share, for a total transaction of £27,680. Over the last ninety days, insiders purchased 36,032 shares of company stock valued at $6,053,568. 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.