Henry Boot’s (BOOT) “Buy” Rating Reaffirmed at Jefferies Financial Group

Henry Boot (LON:BOOT)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Financial Group in a research report issued on Monday,Digital Look reports. They presently have a GBX 226 price objective on the stock. Jefferies Financial Group’s price target points to a potential upside of 37.39% from the stock’s current price.

Separately, Berenberg Bank dropped their price objective on Henry Boot from GBX 230 to GBX 219 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of GBX 222.50.

Henry Boot Price Performance

LON:BOOT opened at GBX 164.49 on Monday. The company has a quick ratio of 0.84, a current ratio of 4.85 and a debt-to-equity ratio of 27.55. The stock’s 50 day moving average price is GBX 172.82 and its two-hundred day moving average price is GBX 195.13. The firm has a market capitalization of £220.78 million, a price-to-earnings ratio of 9.62, a P/E/G ratio of -11.97 and a beta of 0.24. Henry Boot has a 12-month low of GBX 155 and a 12-month high of GBX 249.50.

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

Insider Buying and Selling

In other news, insider Timothy Andrew Roberts bought 16,000 shares of the stock in a transaction dated Tuesday, April 28th. The shares were bought at an average price of GBX 173 per share, for a total transaction of £27,680. Also, insider Darren Littlewood bought 10,032 shares of the stock in a transaction dated Tuesday, April 28th. The shares were purchased at an average price of GBX 174 per share, for a total transaction of £17,455.68. 6.40% of the stock is currently owned by company insiders.

Henry Boot Company Profile

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.