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Ferrovial (0P2N) Gets a Buy from Morgan Stanley

Tipranks - Tipranks - Wed Jan 14, 5:20AM CST

Ferrovial received a Buy rating and a €70.00 price target from Morgan Stanley analyst Nicolas Mora today.

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Mora covers the Industrials sector, focusing on stocks such as Aeroports de Paris ADP, Vinci SA, and Eiffage. According to TipRanks, Mora has an average return of 9.2% and a 72.11% success rate on recommended stocks.

Ferrovial has an analyst consensus of Strong Buy, with a price target consensus of €64.60.

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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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