Ferrovial SE (FER) - What Are Researchers Saying About This Stock?

Key Points

• Analyst consensus is “Hold”: Of ten analysts covering Ferrovial, seven recommend holding, two recommend buying, and one recommends selling. The average 12-month price target is $70.47.
• Ferrovial shares opened at $50.56, near their one-year low of $49.43 and below their 50-day and 200-day moving averages of $57.97 and $64.01, respectively.
• Institutional investors own 22.28% of the company, with several funds increasing their positions recently, including Tidal Investments, which boosted its holdings by more than 900%.

Ferrovial SE (NASDAQ:FER - Get Free Report) has earned an average rating of "Hold" from the ten ratings firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $70.47.

A number of equities analysts recently commented on the company. Weiss Ratings lowered Ferrovial from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, October 2nd. Morgan Stanley restated an "overweight" rating on shares of Ferrovial in a research note on Tuesday, September 22nd. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of Ferrovial in a report on Tuesday, October 6th. Zacks Research downgraded shares of Ferrovial from a "hold" rating to a "strong sell" rating in a research report on Friday, August 14th. Finally, Kepler Capital Markets lowered Ferrovial from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 17th.

Ferrovial Trading Up 0.4%

Shares of NASDAQ:FER opened at $50.56 on Wednesday. The firm has a 50 day simple moving average of $57.97 and a 200 day simple moving average of $64.01. Ferrovial has a one year low of $49.43 and a one year high of $74.79. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.20 and a quick ratio of 1.09.

Hedge Funds Weigh In On Ferrovial

Institutional investors have recently modified their holdings of the company. Salvus Wealth Management LLC purchased a new position in shares of Ferrovial in the third quarter worth about $292,000. Farther Finance Advisors LLC lifted its holdings in Ferrovial by 32.7% in the third quarter. Farther Finance Advisors LLC now owns 1,103 shares of the company's stock worth $60,000 after buying an additional 272 shares during the period. Elevation Wealth Partners LLC boosted its position in shares of Ferrovial by 172.3% during the third quarter. Elevation Wealth Partners LLC now owns 689 shares of the company's stock valued at $37,000 after purchasing an additional 436 shares in the last quarter. Tidal Investments LLC boosted its holdings in shares of Ferrovial by 914.1% during the 2nd quarter. Tidal Investments LLC now owns 46,150 shares of the company's stock valued at $3,163,000 after buying an additional 41,599 shares in the last quarter. Finally, Baird Financial Group Inc. purchased a new stake in Ferrovial in the second quarter worth about $1,267,000. 22.28% of the stock is currently owned by institutional investors.

Ferrovial Company Profile

Ferrovial SE is a global infrastructure company that develops, finances, operates and maintains transportation and other public infrastructure assets. Its activities include toll roads, managed lanes, airports, energy infrastructure and infrastructure services. The company participates in projects across the United States, Canada, Spain, the United Kingdom, Poland and other international markets.

Ferrovial's highways business focuses on the development and operation of toll roads and express lanes under long-term concession agreements.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.