Henry Boot (LON:BOOT) Stock Rating Reaffirmed by Numis Securities

Henry Boot (LON:BOOT – Get Rating)‘s stock had its “buy” rating reissued by stock analysts at Numis Securities in a report released on Friday, Marketbeat.com reports. They currently have a GBX 310 ($3.78) target price on the stock. Numis Securities’ price objective would suggest a potential upside of 42.20% from the company’s current price.

Separately, Peel Hunt reissued a “buy” rating and set a GBX 390 ($4.75) price target on shares of Henry Boot in a report on Tuesday, January 24th.

Henry Boot Price Performance

Shares of Henry Boot stock opened at GBX 218 ($2.66) on Friday. The company has a debt-to-equity ratio of 16.22, a quick ratio of 0.84 and a current ratio of 2.48. The firm’s 50-day simple moving average is GBX 236.66 and its 200-day simple moving average is GBX 243.08. Henry Boot has a twelve month low of GBX 215 ($2.62) and a twelve month high of GBX 349 ($4.25). The firm has a market cap of £291.53 million, a P/E ratio of 703.23, a price-to-earnings-growth ratio of -11.97 and a beta of 0.82.

Insider Activity at Henry Boot

In other news, insider Timothy Andrew Roberts purchased 42,000 shares of the business’s stock in a transaction that occurred on Thursday, January 26th. The stock was purchased at an average cost of GBX 238 ($2.90) per share, with a total value of £99,960 ($121,828.15). 56.50% of the stock is currently owned by insiders.

Henry Boot Company Profile

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Henry Boot PLC engages in property investment and development, land promotion, and construction activities in the United Kingdom. The company operates through three segments: Property Investment and Development, Land Promotion, and Construction. It engages in the housebuilding and associated trading; and land management, development, and trading activities.