Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Balfour Beatty ( (GB:BBY) ).
Balfour Beatty has announced the purchase of 175,666 of its ordinary shares as part of its share buyback program, which was initially announced in January 2025 and expanded in March 2025. The shares were bought through Merrill Lynch International at a volume weighted average price of 570.4583 pence per share and will be held in treasury. This move is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value. The total number of voting rights in the company remains at 498,792,356, providing shareholders with a basis for interest calculation under the FCA’s rules.
The most recent analyst rating on (GB:BBY) stock is a Buy with a £660.00 price target. To see the full list of analyst forecasts on Balfour Beatty stock, see the GB:BBY Stock Forecast page.
Spark’s Take on GB:BBY Stock
According to Spark, TipRanks’ AI Analyst, GB:BBY is a Outperform.
Balfour Beatty’s strong financial performance and optimistic earnings call sentiment are the most significant factors driving the score. The company’s robust cash flow management and strategic positioning in key markets support its growth trajectory. Technical indicators show strong upward momentum, although the valuation is fair with a reasonable P/E ratio and dividend yield. Challenges in the US Civils segment and regulatory impacts are noted but do not overshadow the overall positive outlook.
To see Spark’s full report on GB:BBY stock, click here.
More about Balfour Beatty
Balfour Beatty is a leading international infrastructure group with over 27,000 employees. The company is involved in financing, developing, building, maintaining, and operating complex infrastructure projects that support national economies and local communities. With a history spanning 116 years, Balfour Beatty has been instrumental in creating iconic buildings and infrastructure worldwide, including projects like the Hinkley Point C nuclear power station in the UK, the Lyric Theatre in Hong Kong, and the Automated People Mover at Los Angeles International Airport.
Average Trading Volume: 948,022
Technical Sentiment Signal: Buy
Current Market Cap: £2.8B
For an in-depth examination of BBY stock, go to TipRanks’ Overview page.