Jefferies Financial Group Cuts Henry Boot (LON:BOOT) Price Target to GBX 231

Henry Boot (LON:BOOT) had its price target cut by Jefferies Financial Group from GBX 266 to GBX 231 in a research note released on Thursday morning,London Stock Exchange reports. They currently have a buy rating on the stock.

Separately, Berenberg Bank lowered their price objective on shares of Henry Boot from GBX 326 to GBX 230 and set a “buy” rating on the stock in a report on Thursday. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 230.50.

Henry Boot Stock Up 1.1%

LON:BOOT opened at GBX 186 on Thursday. The company has a debt-to-equity ratio of 27.55, a quick ratio of 0.84 and a current ratio of 4.85. The company has a market cap of £249.57 million, a PE ratio of 9.84, a PEG ratio of -11.97 and a beta of 0.32. Henry Boot has a 52-week low of GBX 169 and a 52-week high of GBX 249.50. The stock has a 50-day simple moving average of GBX 188.26 and a 200 day simple moving average of GBX 210.04.

Henry Boot (LON:BOOT) last released its earnings results on Tuesday, March 24th. The company reported GBX 15.90 EPS for the quarter. Henry Boot had a return on equity of 5.16% and a net margin of 8.55%. On average, sell-side analysts expect that Henry Boot will post 18.2106097 EPS for the current fiscal year.

About Henry Boot

Henry Boot is one of the UK’s leading land, property development, home building and construction businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange since 1919, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises, Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant and Road Link.

Operating across the UK, and employing over 500 people, we focus on three key markets: urban development, industrial and logistics and residential.