Ferrovial (0P2N) Receives a Buy from Citi

Citi analyst Ami Galla maintained a Buy rating on Ferrovial today and set a price target of €62.20. The company’s shares closed last Friday at €53.63.

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According to TipRanks, Galla is a 4-star analyst with an average return of 8.5% and a 64.81% success rate. Galla covers the Consumer Cyclical sector, focusing on stocks such as Bellway, Barratt Redrow, and Vistry Group.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ferrovial with a €54.72 average price target, implying a 2.03% upside from current levels. In a report released today, Deutsche Bank also maintained a Buy rating on the stock with a €58.50 price target.

The company has a one-year high of €57.06 and a one-year low of €35.44. Currently, Ferrovial has an average volume of 760.9K.

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.