Ferrovial (0P2N) Gets a Buy from Bernstein
In a report released on September 16, Victor Acitores from Bernstein reiterated a Buy rating on Ferrovial. The company’s shares closed yesterday at €48.59.
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According to TipRanks, Acitores is a 4-star analyst with an average return of 17.2% and an 83.67% success rate.
In addition to Bernstein, Ferrovial also received a Buy from Bank of America Securities’s Marcin Wojtal in a report issued yesterday. However, on September 12, RBC Capital maintained a Hold rating on Ferrovial (LSE: 0P2N).
Based on Ferrovial’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €2.23 billion and a net profit of €270 million. In comparison, last year the company earned a revenue of €2.39 billion and had a net profit of €207 million
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0P2N in relation to earlier this year.
