Bouygues SA (OTCMKTS:BOUYF) Short Interest Up 11.1% in December

Bouygues SA (OTCMKTS:BOUYF – Get Rating) was the recipient of a significant growth in short interest in the month of December. As of December 30th, there was short interest totalling 27,100 shares, a growth of 11.1% from the December 15th total of 24,400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 271.0 days.

Bouygues Price Performance

Shares of OTCMKTS:BOUYF opened at $30.69 on Tuesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.07 and a quick ratio of 0.93. Bouygues has a 1-year low of $25.01 and a 1-year high of $37.44. The company has a market capitalization of $58.70 billion, a P/E ratio of 11.90 and a beta of 0.78. The firm’s 50 day simple moving average is $30.36 and its two-hundred day simple moving average is $29.00.

Analysts Set New Price Targets

BOUYF has been the subject of a number of research analyst reports. JPMorgan Chase & Co. reduced their price target on shares of Bouygues from €43.00 ($46.74) to €42.00 ($45.65) in a research note on Monday, December 5th. Morgan Stanley lowered shares of Bouygues from an “equal weight” rating to an “underweight” rating and set a $30.00 target price for the company. in a research report on Friday, January 13th. Citigroup started coverage on shares of Bouygues in a research report on Tuesday, January 3rd. They set a “neutral” rating for the company. Barclays boosted their target price on shares of Bouygues from €32.00 ($34.78) to €34.50 ($37.50) and gave the company an “equal weight” rating in a research report on Thursday, January 5th. Finally, Bank of America lowered shares of Bouygues from a “neutral” rating to an “underperform” rating in a research report on Monday, December 5th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $35.50.

Bouygues Company Profile

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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.