Ferrovial SE (NASDAQ:FER) Receives Average Recommendation of “Hold” from Analysts

Shares of Ferrovial SE (NASDAQ:FER) have received an average recommendation of “Hold” from the five research firms that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

FER has been the subject of several analyst reports. Wall Street Zen lowered shares of Ferrovial from a “buy” rating to a “hold” rating in a report on Saturday, July 26th. BNP Paribas raised shares of Ferrovial from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 24th. Morgan Stanley reissued an “overweight” rating on shares of Ferrovial in a report on Wednesday, June 25th. Finally, BNP Paribas Exane raised shares of Ferrovial from an “underperform” rating to a “neutral” rating in a report on Tuesday, June 24th.

Institutional Investors Weigh In On Ferrovial

Institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets purchased a new stake in Ferrovial during the 4th quarter valued at approximately $25,000. AlphaCore Capital LLC purchased a new stake in Ferrovial during the 2nd quarter valued at approximately $83,000. Osaic Holdings Inc. grew its holdings in Ferrovial by 9,326.3% during the 2nd quarter. Osaic Holdings Inc. now owns 1,791 shares of the company’s stock valued at $96,000 after buying an additional 1,772 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in Ferrovial during the 1st quarter valued at approximately $150,000. Finally, Earned Wealth Advisors LLC purchased a new position in shares of Ferrovial in the second quarter valued at $240,000. 22.28% of the stock is owned by hedge funds and other institutional investors.

Ferrovial Trading Up 1.7%

Shares of NASDAQ:FER opened at $57.28 on Tuesday. The firm’s 50 day moving average price is $53.68 and its 200-day moving average price is $49.89. Ferrovial has a twelve month low of $37.93 and a twelve month high of $57.63.

About Ferrovial

Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads.