Liberum Capital reiterated their buy rating on shares of Balfour Beatty (LON:BBY) in a research report sent to investors on Thursday morning, ThisIsMoney.Co.Uk reports.

Several other research firms have also commented on BBY. Peel Hunt reaffirmed a buy rating on shares of Balfour Beatty in a report on Wednesday, March 13th. Numis Securities reiterated a buy rating and set a GBX 350 ($4.57) price objective on shares of Balfour Beatty in a research report on Wednesday, March 13th. UBS Group reiterated a buy rating on shares of Balfour Beatty in a research report on Thursday, March 14th. Finally, Berenberg Bank reduced their price objective on Balfour Beatty from GBX 360 ($4.70) to GBX 350 ($4.57) and set a buy rating for the company in a research report on Monday, January 28th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of GBX 345 ($4.51).

Shares of LON:BBY traded down GBX 3.40 ($0.04) during trading on Thursday, hitting GBX 238.60 ($3.12). 1,034,252 shares of the company traded hands, compared to its average volume of 2,420,000. The firm has a market capitalization of $1.65 billion and a PE ratio of 12.24. Balfour Beatty has a one year low of GBX 230.60 ($3.01) and a one year high of GBX 318.60 ($4.16). The company has a current ratio of 0.96, a quick ratio of 0.90 and a debt-to-equity ratio of 61.89.

The firm also recently disclosed a dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, May 16th will be given a dividend of GBX 3.20 ($0.04) per share. The ex-dividend date of this dividend is Thursday, May 16th. This is an increase from Balfour Beatty’s previous dividend of $1.60. This represents a dividend yield of 1.12%. Balfour Beatty’s payout ratio is currently 0.26%.

In other news, insider Philip Harrison sold 12,619 shares of the stock in a transaction on Wednesday, April 3rd. The stock was sold at an average price of GBX 262 ($3.42), for a total transaction of £33,061.78 ($43,201.07). Also, insider Leo Quinn sold 211,216 shares of the stock in a transaction on Thursday, April 18th. The shares were sold at an average price of GBX 267 ($3.49), for a total value of £563,946.72 ($736,896.28).

Balfour Beatty Company Profile

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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