Bouygues (OTCMKTS:BOUYF) PT Lowered to €47.00 at JPMorgan Chase & Co.

Bouygues (OTCMKTS:BOUYFGet Rating) had its target price reduced by investment analysts at JPMorgan Chase & Co. from €48.00 ($51.61) to €47.00 ($50.54) in a research report issued on Wednesday, The Fly reports. The brokerage presently has an “overweight” rating on the stock.

Other research analysts have also issued research reports about the company. Zacks Investment Research lowered Bouygues from a “hold” rating to a “sell” rating in a report on Thursday, April 14th. Barclays dropped their price objective on shares of Bouygues from €36.00 ($38.71) to €35.00 ($37.63) in a research note on Friday, April 8th. Finally, Morgan Stanley downgraded shares of Bouygues from an “overweight” rating to an “equal weight” rating in a research report on Monday, March 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $42.04.

Shares of OTCMKTS BOUYF traded up $0.63 during trading hours on Wednesday, reaching $33.80. The stock had a trading volume of 100 shares, compared to its average volume of 6,508. The firm has a 50-day moving average of $35.17 and a 200-day moving average of $36.21. The firm has a market cap of $64.20 billion, a price-to-earnings ratio of 9.71 and a beta of 1.18. The company has a current ratio of 1.04, a quick ratio of 0.91 and a debt-to-equity ratio of 0.45. Bouygues has a fifty-two week low of $32.01 and a fifty-two week high of $43.07.

Bouygues (OTCMKTS:BOUYFGet Rating) last issued its quarterly earnings data on Thursday, February 24th. The company reported $0.96 earnings per share (EPS) for the quarter. The company had revenue of $11.52 billion for the quarter, compared to the consensus estimate of $11.06 billion. Bouygues had a net margin of 2.98% and a return on equity of 9.15%. On average, equities analysts predict that Bouygues will post 2.85 EPS for the current year.

About Bouygues (Get Rating)

Bouygues SA, together with its subsidiaries, operates in the construction, telecom, and media sectors in France and internationally. The company designs, builds, renovates, operates, and deconstructs building, infrastructure, and industrial projects; develops urban planning, residential, and commercial projects; constructs and maintains roads and motorways, airport runways, ports, industrial logistics and commercial hubs, urban roads and amenities, external works, reserved-lane public transport facilities, leisure facilities, and environmental amenities, as well as undertakes civil engineering activities; produces and recycles construction materials; and distributes bitumen.

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