BALFOUR BEATTY/S (OTCMKTS:BAFYY) Upgraded to Buy by Zacks Investment Research

Zacks Investment Research upgraded shares of BALFOUR BEATTY/S (OTCMKTS:BAFYY) from a hold rating to a buy rating in a report published on Thursday morning, Zacks.com reports. The brokerage currently has $7.25 target price on the stock.

According to Zacks, “Balfour Beatty plc is an infrastructure services company. Its operating segment consists of Construction Services, Support Services and Infrastructure Investments. Construction Services segment provides physical construction of an asset. Support Services segment engages in the support existing assets or functions such as asset maintenance and refurbishment. Infrastructure Investments segment involves in acquisition, operation and disposal of infrastructure assets such as PPP concessions, student accommodation and airports. Balfour Beatty plc is headquartered in London, the United Kingdom. “

Several other equities analysts have also commented on the company. Jefferies Financial Group raised BALFOUR BEATTY/S from a hold rating to a buy rating in a research report on Friday, March 27th. ValuEngine lowered BALFOUR BEATTY/S from a hold rating to a sell rating in a research report on Wednesday, March 11th.

Shares of BALFOUR BEATTY/S stock traded down $0.16 on Thursday, reaching $6.25. The stock had a trading volume of 3,814 shares, compared to its average volume of 10,487. The company has a current ratio of 0.93, a quick ratio of 0.89 and a debt-to-equity ratio of 0.44. The company has a market cap of $2.21 billion, a P/E ratio of 9.19 and a beta of 1.20. The business’s 50 day moving average is $6.07 and its two-hundred day moving average is $6.28. BALFOUR BEATTY/S has a 1 year low of $3.99 and a 1 year high of $7.83.

About BALFOUR BEATTY/S

Balfour Beatty Plc engages in the provision of infrastructure services. It offers a range of capabilities in construction, civil engineering and mechanical & electrical engineering services. It operates through following business segments: Construction Services, Support Services, Infrastructure Investments, and Corporate Activities.

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