Balfour Beatty plc (LON:BBY) has been assigned a consensus rating of “Buy” from the six ratings firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 323.75 ($4.23).

BBY has been the topic of several analyst reports. Jefferies Financial Group initiated coverage on Balfour Beatty in a research report on Monday, July 29th. They set a “hold” rating and a GBX 245 ($3.20) target price on the stock. Peel Hunt reaffirmed a “buy” rating on shares of Balfour Beatty in a research report on Wednesday, August 14th. UBS Group reaffirmed a “buy” rating on shares of Balfour Beatty in a research report on Friday, August 16th. Numis Securities reaffirmed a “buy” rating and set a GBX 350 ($4.57) target price on shares of Balfour Beatty in a research report on Friday, May 31st. Finally, Liberum Capital reaffirmed a “buy” rating and set a GBX 350 ($4.57) target price on shares of Balfour Beatty in a research report on Friday, September 6th.

Shares of LON:BBY traded down GBX 2.20 ($0.03) during mid-day trading on Wednesday, hitting GBX 229.20 ($2.99). 2,089,915 shares of the company traded hands, compared to its average volume of 2,420,000. The stock has a market cap of $1.59 billion and a P/E ratio of 14.24. The company has a current ratio of 0.94, a quick ratio of 0.88 and a debt-to-equity ratio of 72.73. Balfour Beatty has a 12-month low of GBX 192.30 ($2.51) and a 12-month high of GBX 295.80 ($3.87). The stock has a 50-day moving average price of GBX 214.62 and a two-hundred day moving average price of GBX 243.42.

The firm also recently declared a dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, October 24th will be issued a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date is Thursday, October 24th. This represents a yield of 0.94%. Balfour Beatty’s dividend payout ratio (DPR) is currently 0.31%.

About Balfour Beatty

Balfour Beatty plc finances, designs, 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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Analyst Recommendations for Balfour Beatty (LON:BBY)

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