U.S. construction, a recent thorn in the side of the London-based builder, returned to profitability in first-half 2026 earnings.

Aug 12 (Reuters) - London's FTSE 100 closed lower on Wednesday for the third straight day, as investors cautiously monitored efforts to end the war in the Middle East, while Balfour Beatty soared to a

Balfour Beatty PLC (BAFBF) reports a 42% surge in earnings-based profit, driven by robust US and UK performance, and raises its full-year outlook.

The FTSE 250 firm, which has a market capitalisation worth more than £4 billion, cheered a ‘strong’ performance for the half-year.

Balfour Beatty (LON:BBY) reported higher first-half revenue, profit and cash generation for 2026, citing growth in U.S. buildings and U.K. power transmission as well as an improved performance in U.S. construction. Group Chief Executive Philip Hoare said the company delivered “profitable growth and

The Grand Hyatt Miami Beach will connect to the city’s convention center via a climate-controlled skyway and open the doors for larger events in the city.

The former boss of Balfour Beatty, the infrastructure group, has been recruited by the government to join the board of the publicly owned British Steel. Sky News has learnt that Andrew McNaughton is among a crop of new directors signed off by Jonathan Reynolds, who was reappointed as business secretary by Andy Burnham last week. Alongside Mr McNaughton, the government has hired Jon Bolton, co-chair of the UK Steel Council; Janet Ashdown, who serves on the board of London-listed Victrex; and David Bond, who oversaw Sheffield Forgemasters' transition into public ownership in 2021, as non-executive directors.

Balfour Beatty’s fair value estimate has been reset from £7.46 to £8.53, with bullish analysts clustering their targets in a tight £7.70 to £8.70 range. This shift lines up with broadly constructive Street commentary, while at least one neutral stance flags that not everyone sees meaningful upside beyond current expectations. Read on to see how to interpret these targets and keep track of how the analyst story around the stock evolves. Analyst Price Targets don't always capture the full...