Jefferies keeps GBp 1,120 target for Balfour Beatty stock

Published on 10/15/2026 at 21:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The order book was GBP 22.9 billion in the first half of 2026. Balfour Beatty stock costs EUR 9.80 on October 15, 2026, down 0.48 percent on the LSE.

Analyst target and valuation

Jefferies maintained a GBp 1,120 target on October 14, 2026.
Balfour Beatty's order book stood at GBP 22.9 billion in the first half of 2026.
Balfour Beatty stock costs EUR 9.80 at Lang & Schwarz on October 15, 2026 at 9:40 p.m. CEST, down 0.48 percent on the LSE versus the prior close of October 14, 2026.
The stock carried a P/E ratio of 15.84 on October 15, 2026.

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Jefferies maintained a GBp 1,120 price target and a Buy rating for Balfour Beatty in a note dated October 14, 2026, according to MarketBeat. Against the LSE price of GBp 823.50 on October 15, 2026, the target sits 36.01 percent above the share price. Balfour Beatty stock was trading at EUR 9.80 at Lang & Schwarz on October 15, 2026 at 9:40 p.m. CEST, down 0.48 percent on the LSE versus the prior close of October 14, 2026.

Order book sets the operating backdrop

The order book was GBP 22.9 billion in the first half of 2026, according to Quartr in an investor-update summary dated October 15, 2026. That figure gives the stock report an operating anchor alongside the analyst target, while the current market quotation remains below both the target and the year's high.

Stock sits below its yearly high

The LSE price was GBp 823.50 on October 15, 2026 at 4:56 p.m. London time. The 52-week range was GBp 636.50 to GBp 973.00, placing the share 15.35 percent below its high and 29.38 percent above its low. Trading volume reached 1,945,769 shares against an average of 1,365,856 shares.

The latest company update summarized by Quartr also described strong 2026 trading and an upgraded outlook. The market picture is therefore defined by a high order book, a target materially above the LSE quotation and a share price below its 52-week peak.

Valuation and dividend date

Balfour Beatty had a market capitalization of GBP 3.9 billion and a P/E ratio of 15.84 on October 15, 2026, while its trailing dividend yield was 2.00 percent. Simply Wall St lists October 29, 2026 as the next ex-dividend date and December 4, 2026 as the payment date.

Comparison with peers

Balfour Beatty (LSE, GBp): minus 0.48 percent, P/E 15.84, market capitalization GBP 3.9 billion
Mitie Group (LSE, GBp): minus 0.10 percent, P/E 34.29, market capitalization GBP 2.7 billion
Kier Group (LSE, GBp): minus 0.66 percent, P/E 22.18, market capitalization GBP 1.3 billion

Price remains the daily anchor

Balfour Beatty stock was trading at EUR 9.80 at Lang & Schwarz on October 15, 2026 at 9:40 p.m. CEST, down 0.48 percent on the LSE versus the prior close of October 14, 2026. The share's position below its 52-week high leaves the analyst target and the October 29 dividend date as the clearest dated reference points for the next market discussion. The further course of trading is shown by the continuously updated real-time quote of Balfour Beatty stock.