Ferrovial SE (NASDAQ:FER) Receives Average Rating of “Moderate Buy” from Brokerages

Ferrovial SE (NASDAQ:FER) has received a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

A number of analysts recently issued reports on the company. BNP Paribas raised Ferrovial from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 24th. Wall Street Zen lowered Ferrovial from a “buy” rating to a “hold” rating in a research report on Saturday, July 26th. BNP Paribas Exane raised Ferrovial from an “underperform” rating to a “neutral” rating in a research report on Tuesday, June 24th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Ferrovial in a research report on Saturday, September 27th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Ferrovial in a research report on Wednesday, June 25th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in FER. Jane Street Group LLC acquired a new position in shares of Ferrovial during the 4th quarter worth approximately $228,000. BNP Paribas Financial Markets bought a new position in shares of Ferrovial during the 4th quarter worth approximately $25,000. Wellington Management Group LLP boosted its stake in shares of Ferrovial by 2.5% during the 4th quarter. Wellington Management Group LLP now owns 33,774 shares of the company’s stock worth $1,420,000 after acquiring an additional 813 shares during the period. Assenagon Asset Management S.A. boosted its stake in shares of Ferrovial by 3.6% during the 1st quarter. Assenagon Asset Management S.A. now owns 30,097 shares of the company’s stock worth $1,339,000 after acquiring an additional 1,059 shares during the period. Finally, Sterling Investment Management LLC bought a new position in shares of Ferrovial during the 1st quarter worth approximately $886,000. Institutional investors and hedge funds own 22.28% of the company’s stock.

Ferrovial Trading Up 0.8%

Shares of FER stock opened at $60.26 on Friday. The firm’s fifty day moving average price is $55.43 and its two-hundred day moving average price is $51.61. Ferrovial has a 1 year low of $37.93 and a 1 year high of $60.31.

Ferrovial Company Profile

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.