Berenberg Bank Raises Balfour Beatty (LON:BBY) Price Target to GBX 870

Balfour Beatty (LON:BBY) had its price objective hoisted by stock analysts at Berenberg Bank from GBX 800 to GBX 870 in a report issued on Thursday,Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price points to a potential upside of 15.00% from the stock’s current price.

Separately, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Balfour Beatty from GBX 650 to GBX 715 and gave the stock a “buy” rating in a research note on Thursday, December 4th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 792.50.

Balfour Beatty Price Performance

BBY opened at GBX 756.50 on Thursday. The stock has a 50-day moving average price of GBX 734.76 and a 200-day moving average price of GBX 687.37. Balfour Beatty has a 12-month low of GBX 365.80 and a 12-month high of GBX 800. The company has a current ratio of 0.97, a quick ratio of 0.84 and a debt-to-equity ratio of 104.84. The stock has a market capitalization of £3.67 billion, a P/E ratio of 21.43, a PEG ratio of 3.75 and a beta of 0.64.

Balfour Beatty (LON:BBY) last announced its quarterly earnings data on Wednesday, March 11th. The company reported GBX 47.60 earnings per share for the quarter. Balfour Beatty had a return on equity of 16.67% and a net margin of 2.06%. Equities analysts predict that Balfour Beatty will post 43.3100698 earnings per share for the current fiscal year.

Balfour Beatty declared that its Board of Directors has approved a share buyback program on Wednesday, March 11th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Trending Headlines about Balfour Beatty

Here are the key news stories impacting Balfour Beatty this week:

• Positive Sentiment: Quarterly results beat expectations — Balfour Beatty reported GBX 47.60 EPS for the quarter and management commentary lifted sentiment; conference call and slide deck are available for details. Earnings Transcript
• Positive Sentiment: Record order book and rising infrastructure demand — The company said a stronger order book and infrastructure (including grid expansion) underpinned higher earnings and improved near‑term visibility. Balfour Beatty posts record order book
• Positive Sentiment: Board authorised a share buyback — Management approved a buyback program, which markets interpreted as a signal management views the stock as attractive; the initial reporting did not specify an announced repurchase size. Buyback Notice
• Neutral Sentiment: Analyst / press coverage highlights sector tailwinds — Coverage from Investors Chronicle and market roundups point to ongoing grid expansion supporting the name, which adds thematic interest but is not new company guidance. Investors Chronicle: grid expansion
• Neutral Sentiment: Featured in market roundups and trending-ticker lists — Media mentions (Yahoo UK, AOL) increase visibility and trading interest but do not change fundamentals. UK Market News Trending tickers
• Negative Sentiment: Balance-sheet and margin considerations — The group carries relatively high leverage (debt-to-equity ~105%) and net margins remain thin (~2%), which could limit upside if project margins or funding costs weaken. (Background company metrics)

Balfour Beatty Company Profile

Balfour Beatty is a leading international infrastructure group. With 26,000 employees across the UK, US and Hong Kong, we’re leading the transformation of our industry to meet the challenges of the future.

Trusted by our customers to deliver sustainable solutions and strengthen communities, we finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.

Collaborating with governments, our customers and partners, we deliver powerful new solutions, shape thinking, create skylines and inspire a new generation of talent to be the change-makers of tomorrow.