Balfour Beatty Plc (BAFYY) Raised to “Hold” at Zacks Investment Research
Zacks Investment Research upgraded shares of Balfour Beatty Plc (NASDAQ:BAFYY) from a sell rating to a hold rating in a report released on Wednesday.
According to Zacks, “Balfour Beatty plc is an infrastructure services company. Its operating segment consists of Construction Services, Support Services and Infrastructure Investments. Construction Services segment provides physical construction of an asset. Support Services segment engages in the support existing assets or functions such as asset maintenance and refurbishment. Infrastructure Investments segment involves in acquisition, operation and disposal of infrastructure assets such as PPP concessions, student accommodation and airports. Balfour Beatty plc is headquartered in London, the United Kingdom. “
Shares of Balfour Beatty Plc (NASDAQ BAFYY) opened at 6.84 on Wednesday. The company has a 50-day moving average price of $7.01 and a 200-day moving average price of $7.07. Balfour Beatty Plc has a 12-month low of $6.56 and a 12-month high of $7.34.
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