Balfour Beatty (LON:BBY) Reaches New 12-Month High on Analyst Upgrade

Balfour Beatty plc (LON:BBY)’s share price hit a new 52-week high during mid-day trading on Wednesday after Deutsche Bank Aktiengesellschaft raised their price target on the stock from GBX 990 to GBX 1,100. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. Balfour Beatty traded as high as GBX 973 and last traded at GBX 952.26, with a volume of 13847977 shares traded. The stock had previously closed at GBX 865.50.

A number of other analysts have also weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating and set a GBX 985 target price on shares of Balfour Beatty in a report on Thursday. Berenberg Bank boosted their price target on Balfour Beatty from GBX 870 to GBX 1,070 and gave the company a “buy” rating in a report on Thursday. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Balfour Beatty presently has an average rating of “Buy” and a consensus price target of GBX 1,051.67.

Balfour Beatty News Summary

Here are the key news stories impacting Balfour Beatty this week:

• Positive Sentiment: 2026 guidance raised: Balfour Beatty increased its full-year outlook after reporting strong first-half profit growth. The company also highlighted a return to profitability in its U.S. construction business, strengthening confidence in earnings recovery. Balfour Beatty Raises 2026 Guidance After Strong First-Half Profit Growth
• Positive Sentiment: Strong infrastructure demand: Investors are responding to Balfour Beatty’s ability to benefit from infrastructure projects, helping drive a major rally and a move to a record high. Balfour Beatty shares jump 10% to record high as it cashes in on infrastructure projects
• Positive Sentiment: Analyst sentiment improved: Deutsche Bank raised its price target from GBX 990 to GBX 1,100 and assigned a “buy” rating. Berenberg also increased its target from GBX 870 to GBX 1,070, while Jefferies reaffirmed its “buy” rating with a GBX 985 target. Balfour Beatty broker ratings
• Neutral Sentiment: Earnings confirmed solid profitability: Balfour Beatty reported quarterly earnings per share of GBX 21.70, with a 23.73% return on equity and a 2.77% net margin. The results reinforce the positive outlook, although the relatively low margin leaves sensitivity to project execution and cost pressures. Balfour Beatty earnings report
• Negative Sentiment: Profit-taking risk: Following the sharp rally to a record high, some investors may be locking in gains. This technical pressure can weigh on the shares even though broker targets and company guidance remain favorable.

Balfour Beatty Trading Down 1.0%

The company has a debt-to-equity ratio of 89.50, a current ratio of 1.02 and a quick ratio of 0.84. The stock’s 50 day moving average is GBX 862.74 and its 200-day moving average is GBX 808.43. The company has a market capitalization of £4.37 billion, a P/E ratio of 17.57, a P/E/G ratio of 3.75 and a beta of 0.59.

Balfour Beatty (LON:BBY) last posted its quarterly earnings data on Wednesday, August 12th. The company reported GBX 21.70 earnings per share for the quarter. Balfour Beatty had a return on equity of 23.73% and a net margin of 2.77%. As a group, equities research analysts anticipate that Balfour Beatty plc will post 43.3100698 earnings per share for the current year.

About Balfour Beatty

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.