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Berenberg hikes Balfour Beatty target price after strong H1 beat

By Iain Gilbert

Date: Thursday 13 Aug 2026

(Sharecast News) - Analysts at Berenberg hiked their target price for Balfour Beatty from 870p to 1,070p on Thursday, citing a materially stronger balance‑sheet position and upgraded earnings expectations following a robust first‑half performance.
Berenberg kept its positive stance on the Balfour Beatty's core earnings‑based businesses, applying a higher 11.2x FY26...

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