Balfour Beatty plc (BBY) Set to Announce Earnings on Tuesday

Balfour Beatty plc (LON:BBY) is set to issue its quarterly earnings data on Tuesday, August 15th.

Shares of Balfour Beatty plc (BBY) opened at 263.00 on Tuesday. Balfour Beatty plc has a 52-week low of GBX 228.99 and a 52-week high of GBX 299.30. The stock has a 50 day moving average price of GBX 268.76 and a 200-day moving average price of GBX 274.18. The firm’s market capitalization is GBX 1.79 billion.

Several equities analysts have recently issued reports on BBY shares. Numis Securities Ltd raised Balfour Beatty plc to a “buy” rating and set a GBX 350 ($4.56) target price for the company in a report on Friday, April 28th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 335 ($4.36) target price on shares of Balfour Beatty plc in a report on Monday, June 26th. Bank of America Corporation raised Balfour Beatty plc to a “buy” rating and upped their target price for the company from GBX 295 ($3.84) to GBX 345 ($4.49) in a report on Tuesday, April 11th. J P Morgan Chase & Co upped their target price on Balfour Beatty plc from GBX 273 ($3.56) to GBX 278 ($3.62) and gave the company a “neutral” rating in a report on Tuesday, April 25th. Finally, Peel Hunt reaffirmed an “add” rating and issued a GBX 300 ($3.91) target price on shares of Balfour Beatty plc in a report on Thursday, May 18th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 314 ($4.09).

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About Balfour Beatty plc

Balfour Beatty plc is an infrastructure company that provides maintenance, upgrade and management services in power transmission, utilities infrastructure, and road and rail. The Company operates through three segments: Construction Services segment, which is engaged in the physical construction of an asset; Support Services segment, which is engaged in supporting existing assets or functions, such as asset maintenance and refurbishment, and Infrastructure Investments segment, which is engaged in the acquisition operation and disposal of infrastructure assets, such as roads, hospitals, schools, student accommodation, military housing, waste and biomass, offshore transmission networks and other concessions.