Insider Buying: Henry Boot (LON:BOOT) Insider Acquires £15,400 in Stock

Henry Boot PLC (LON:BOOT) insider Earl Sibley acquired 10,000 shares of the stock in a transaction on Thursday, July 23rd. The shares were acquired at an average price of GBX 154 per share, with a total value of £15,400.

Henry Boot Stock Performance

Shares of LON:BOOT opened at GBX 150 on Friday. The firm has a fifty day simple moving average of GBX 163.25 and a two-hundred day simple moving average of GBX 180.78. Henry Boot PLC has a 52 week low of GBX 133.50 and a 52 week high of GBX 237. The company has a quick ratio of 0.83, a current ratio of 4.85 and a debt-to-equity ratio of 27.55. The stock has a market capitalization of £201.43 million, a P/E ratio of 8.77, a PEG ratio of -11.97 and a beta of 0.23.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Jefferies Financial Group reissued a “buy” rating and set a GBX 226 price objective on shares of Henry Boot in a research note on Monday, June 8th. Berenberg Bank reiterated a “buy” rating and issued a GBX 219 target price on shares of Henry Boot in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 222.50.

About Henry Boot

Henry Boot is one of the UK’s leading land, property development and home building businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange for nearly 100 years, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises Hallam Land, HBD, Stonebridge Homes and Banner Plant.

Operating across the UK, and employing over 400 people, we focus on three key markets: residential, industrial and logistics, and urban development.