Based on the provided data and context, I'll analyze whether FER (Ferrovial SE) is overvalued.
Technical Analysis
Valuation Assessment
Ferrovial generates 50% of its revenue from the US market and has significant exposure to infrastructure projects. Recent analyst coverage shows mixed opinions:
- Kepler Capital maintains a Buy rating with €45.50 target price
- Bank of America issued a Buy rating
- Morgan Stanley has a Sell rating
Market Performance
The stock recently showed positive momentum, rising 1.20% to €40.54 in recent trading. This indicates market confidence despite mixed analyst sentiment.
Risk Factors
A key risk factor is the company's exposure to potential US tariffs, as Ferrovial derives 50% of its revenue from the US market. While its supply chain links in Canada and Mexico are minimal, any trade policy changes could impact profitability.
Conclusion
Based on the mixed analyst ratings, recent price performance, and significant US market exposure, FER appears fairly valued at current levels. The divergent analyst views suggest balanced risk-reward, while the stock's recent positive momentum indicates market confidence in its business model.