Shares of Ferrovial, S.A. (OTCMKTS:FRRVY – Get Rating) have earned a consensus recommendation of “Moderate Buy” from the seven brokerages that are covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $28.32.
Separately, Morgan Stanley started coverage on Ferrovial in a research report on Friday. They set an “overweight” rating on the stock.
Ferrovial Trading Up 6.7 %
Shares of FRRVY opened at $29.15 on Friday. Ferrovial has a 52-week low of $21.90 and a 52-week high of $33.57. The business’s fifty day moving average is $31.13 and its 200-day moving average is $29.25.
About Ferrovial
Ferrovial, SA, together with its subsidiaries, develops transport infrastructure, mobility solutions, civil works, and buildings projects in Spain and internationally. It operates in four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and builds various public and private works; and develops, finances, and operates toll roads.
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