Berenberg Bank Issues Positive Forecast for Balfour Beatty (LON:BBY) Stock Price

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

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

Balfour Beatty Trading Down 1.0%

LON:BBY opened at GBX 756.50 on Thursday. Balfour Beatty has a 1 year low of GBX 365.80 and a 1 year high of GBX 800. The stock’s fifty day moving average price is GBX 734.76 and its two-hundred day moving average price is GBX 687.37. The company has a debt-to-equity ratio of 104.84, a current ratio of 0.97 and a quick ratio of 0.84. The company has a market cap of £3.67 billion, a P/E ratio of 21.43, a P/E/G ratio of 3.75 and a beta of 0.64.

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

Balfour Beatty declared that its Board of Directors has authorized a share repurchase program on Wednesday, March 11th that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Key Headlines Impacting 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.