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Morgan Stanley Reaffirms Their Buy Rating on Ferrovial (0P2N)

Tipranks - Tipranks - Thu Jan 8, 2:40AM CST

Morgan Stanley analyst Cedar Ekblom maintained a Buy rating on Ferrovial today and set a price target of €64.00.

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According to TipRanks, Ekblom is a 4-star analyst with an average return of 5.0% and a 55.51% success rate.

In a report released on January 5, UBS also maintained a Buy rating on the stock with a €65.00 price target.

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Based on Ferrovial’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €4.47 billion and a net profit of €540 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 67 insiders, corporate insider sentiment is neutral on the stock.

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