Ferrovial SE (NASDAQ:FER) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Ferrovial SE (NASDAQ:FER) have earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

A number of brokerages have weighed in on FER. Morgan Stanley reiterated an “overweight” rating on shares of Ferrovial in a research note on Wednesday, June 25th. BNP Paribas Exane upgraded Ferrovial from an “underperform” rating to a “neutral” rating in a research note on Tuesday, June 24th. BNP Paribas upgraded Ferrovial from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 24th. Wall Street Zen cut Ferrovial from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of Ferrovial in a research note on Saturday, September 27th.

Institutional Investors Weigh In On Ferrovial

Large investors have recently modified their holdings of the stock. BNP Paribas Financial Markets purchased a new stake in shares of Ferrovial during the fourth quarter worth approximately $25,000. AlphaCore Capital LLC purchased a new stake in shares of Ferrovial during the second quarter worth approximately $83,000. Osaic Holdings Inc. raised its stake in shares of Ferrovial by 9,326.3% during the second quarter. Osaic Holdings Inc. now owns 1,791 shares of the company’s stock worth $96,000 after purchasing an additional 1,772 shares during the last quarter. Banque Cantonale Vaudoise purchased a new stake in shares of Ferrovial during the first quarter worth approximately $150,000. Finally, Earned Wealth Advisors LLC acquired a new position in Ferrovial during the second quarter worth $240,000. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Ferrovial Stock Performance

FER stock opened at $59.80 on Friday. Ferrovial has a fifty-two week low of $37.93 and a fifty-two week high of $59.99. The business has a 50 day moving average price of $55.27 and a 200 day moving average price of $51.41.

Ferrovial Company Profile

Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads.