Berenberg Bank Cuts Henry Boot (LON:BOOT) Price Target to GBX 186

Henry Boot (LON:BOOT) had its price target decreased by Berenberg Bank from GBX 219 to GBX 186 in a report issued on Tuesday,Digital Look reports. Berenberg Bank currently has a buy rating on the stock.

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 226 price target on shares of Henry Boot in a research note on Monday, June 8th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Henry Boot has a consensus rating of “Buy” and a consensus target price of GBX 206.

Henry Boot Trading Up 0.7%

Shares of Henry Boot stock opened at GBX 141 on Tuesday. The firm has a market capitalization of £189.35 million, a PE ratio of 8.25, a price-to-earnings-growth ratio of -11.97 and a beta of 0.22. The company has a current ratio of 6.72, a quick ratio of 0.83 and a debt-to-equity ratio of 37.77. The firm’s 50 day moving average is GBX 151.22 and its 200 day moving average is GBX 164. Henry Boot has a 1 year low of GBX 133.50 and a 1 year high of GBX 230.

Henry Boot (LON:BOOT) last issued its quarterly earnings data on Wednesday, September 23rd. The company reported GBX (2.20) EPS for the quarter. Henry Boot had a net margin of 5.93% and a return on equity of 2.93%. Equities research analysts forecast that Henry Boot will post 18.2106097 earnings per share for the current fiscal year.

Insider Transactions at Henry Boot

In related news, insider Earl Sibley bought 10,000 shares of the stock in a transaction that occurred on Thursday, July 23rd. The stock was acquired at an average cost of GBX 154 per share, with a total value of £15,400. 6.41% of the stock is currently owned by corporate 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.