Ferrovial (NASDAQ:FER) Rating Increased to Buy at Wall Street Zen

Ferrovial (NASDAQ:FER - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Friday.

FER has been the subject of several other research reports. BNP Paribas Exane raised shares of Ferrovial from an "underperform" rating to a "neutral" rating in a research report on Tuesday, June 24th. Morgan Stanley reiterated an "overweight" rating on shares of Ferrovial in a research note on Wednesday, June 25th. Finally, BNP Paribas upgraded shares of Ferrovial from a "strong sell" rating to a "hold" rating in a research note on Tuesday, June 24th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy".

Ferrovial Trading Up 0.3%

Shares of Ferrovial stock traded up $0.14 during trading hours on Friday, reaching $53.03. The stock had a trading volume of 165,136 shares, compared to its average volume of 83,567. Ferrovial has a twelve month low of $37.93 and a twelve month high of $56.43. The stock's 50 day moving average is $51.78 and its 200 day moving average is $46.99.

Institutional Trading of Ferrovial

Institutional investors and hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets purchased a new position in shares of Ferrovial in the 4th quarter worth $25,000. Banque Cantonale Vaudoise acquired a new stake in shares of Ferrovial in the first quarter worth $150,000. Tower Research Capital LLC TRC acquired a new stake in shares of Ferrovial in the fourth quarter worth $158,000. Clearbridge Investments LLC acquired a new stake in shares of Ferrovial in the fourth quarter worth $204,000. Finally, Jane Street Group LLC acquired a new stake in shares of Ferrovial in the fourth quarter worth $228,000. Hedge funds and other institutional investors own 22.28% of the company's stock.

Ferrovial Company Profile

Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads.