Ferrovial (NASDAQ:FER - Get Free Report) was upgraded by equities researchers at BNP Paribas from a "strong sell" rating to a "hold" rating in a report released on Tuesday, Marketbeat reports.
Other analysts also recently issued research reports about the company. Wall Street Zen downgraded Ferrovial from a "buy" rating to a "hold" rating in a research note on Friday, June 6th. BNP Paribas Exane raised Ferrovial from an "underperform" rating to a "neutral" rating in a research note on Tuesday, June 24th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold".
Check Out Our Latest Analysis on FER
Ferrovial Stock Performance
NASDAQ:FER traded up $0.48 during trading hours on Tuesday, reaching $53.26. The stock had a trading volume of 146,571 shares, compared to its average volume of 74,742. Ferrovial has a 52 week low of $37.93 and a 52 week high of $56.43. The company has a 50 day moving average price of $50.47 and a two-hundred day moving average price of $45.90.
Hedge Funds Weigh In On Ferrovial
Several large investors have recently modified their holdings of the stock. BNP Paribas Financial Markets purchased a new position in Ferrovial during the 4th quarter valued at $25,000. Banque Cantonale Vaudoise purchased a new position in Ferrovial during the 1st quarter valued at $150,000. Tower Research Capital LLC TRC purchased a new position in Ferrovial during the 4th quarter valued at $158,000. Clearbridge Investments LLC purchased a new position in Ferrovial during the 4th quarter valued at $204,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Ferrovial by 24.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,440 shares of the company's stock valued at $225,000 after acquiring an additional 1,073 shares during the period. Institutional investors own 22.28% of the company's stock.
About Ferrovial
(
Get Free Report)
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.
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