Henry Boot (LON:BOOT) Price Target Cut to GBX 230 by Analysts at Berenberg Bank

Henry Boot (LON:BOOT) had its target price reduced by Berenberg Bank from GBX 326 to GBX 230 in a research report released on Thursday morning,London Stock Exchange reports. They currently have a buy rating on the stock.

Henry Boot Price Performance

LON:BOOT opened at GBX 186 on Thursday. The company has a market cap of £249.57 million, a P/E ratio of 9.84, a P/E/G ratio of -11.97 and a beta of 0.32. The firm’s fifty day moving average price is GBX 188.98 and its two-hundred day moving average price is GBX 210.25. Henry Boot has a one year low of GBX 169 and a one year high of GBX 249.50. The company has a debt-to-equity ratio of 27.55, a current ratio of 4.85 and a quick ratio of 0.84.

Henry Boot (LON:BOOT) last posted its earnings results on Tuesday, March 24th. The company reported GBX 15.90 earnings per share (EPS) for the quarter. Henry Boot had a net margin of 8.55% and a return on equity of 5.16%. Equities analysts expect that Henry Boot will post 18.2106097 earnings per share for the current year.

About Henry Boot

Henry Boot is one of the UK’s leading land, property development, home building and construction businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange since 1919, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises, Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant and Road Link.

Operating across the UK, and employing over 500 people, we focus on three key markets: urban development, industrial and logistics and residential.