Liberum Capital Reaffirms Buy Rating for Balfour Beatty (BBY)

Balfour Beatty (LON:BBY)‘s stock had its “buy” rating reiterated by stock analysts at Liberum Capital in a research note issued on Wednesday, October 3rd.

BBY has been the subject of several other reports. Peel Hunt reiterated a “buy” rating and issued a GBX 350 ($4.57) price target on shares of Balfour Beatty in a report on Wednesday, August 15th. UBS Group raised their target price on Balfour Beatty from GBX 330 ($4.31) to GBX 355 ($4.64) and gave the company a “buy” rating in a research note on Thursday, August 16th. Numis Securities restated a “buy” rating on shares of Balfour Beatty in a research note on Wednesday, August 15th. Barclays initiated coverage on Balfour Beatty in a research note on Thursday, June 7th. They set an “equal weight” rating and a GBX 310 ($4.05) target price for the company. Finally, Berenberg Bank raised their target price on Balfour Beatty from GBX 350 ($4.57) to GBX 360 ($4.70) and gave the company a “buy” rating in a research note on Wednesday, August 15th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 345.83 ($4.52).

Shares of LON BBY opened at GBX 258 ($3.37) on Wednesday. Balfour Beatty has a 12-month low of GBX 252.50 ($3.30) and a 12-month high of GBX 311.70 ($4.07).

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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Analyst Recommendations for Balfour Beatty (LON:BBY)

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