Zacks Investment Research Lowers Bouygues (OTCMKTS:BOUYF) to Sell

Zacks Investment Research cut shares of Bouygues (OTCMKTS:BOUYF – Get Rating) from a hold rating to a sell rating in a research report released on Thursday, Zacks.com reports.

According to Zacks, “Bouygues SA is a diversified industrial group. The company’s business sectors of activity consists of Construction includes building & civil works and energies & services, Immobilier includes property development and Colas, Telecoms, with Bouygues Telecom and Media, with TF1. Bouygues SA is based in Paris, France. “

Other analysts have also issued reports about the stock. Morgan Stanley lowered shares of Bouygues from an overweight rating to an equal weight rating in a research note on Monday, March 28th. Barclays lowered their target price on shares of Bouygues from €36.00 ($39.13) to €35.00 ($38.04) in a research note on Friday, April 8th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Bouygues from €47.00 ($51.09) to €48.00 ($52.17) in a research note on Friday, February 25th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of Hold and an average target price of $42.24.

OTCMKTS BOUYF opened at $35.01 on Thursday. The company has a quick ratio of 0.91, a current ratio of 1.04 and a debt-to-equity ratio of 0.45. The company has a fifty day moving average of $35.25 and a two-hundred day moving average of $36.30. The firm has a market capitalization of $66.50 billion, a price-to-earnings ratio of 10.06 and a beta of 1.18. Bouygues has a 52 week low of $32.01 and a 52 week high of $43.07.

Bouygues (OTCMKTS:BOUYF – Get Rating) last posted its quarterly earnings data on Thursday, February 24th. The company reported $0.96 EPS for the quarter. The company had revenue of $11.52 billion during the quarter, compared to analyst estimates of $11.06 billion. Bouygues had a net margin of 2.98% and a return on equity of 9.15%. Equities research analysts anticipate that Bouygues will post 2.85 EPS for the current year.

About Bouygues (Get Rating)

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.

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