Balfour Beatty ([[BAFBF]], [[BAFYY]]) is a U.K.-based engineering and infrastructure group. Although it has a strong order book and decent balance sheet, it has suffered from COVID-19, reminding investors that it is not especially resilient as a business. While it is not expensive, I see limited drivers for the share price to increase in coming months. So, for now, avoid.
About Balfour Beatty
Tracing its history back over a century, the company has a pedigree and is a constituent member of the FTSE-250 share index.
It is involved in long-term infrastructure projects, like the U.K.’s