Berenberg Bank set a €55.00 ($63.95) price target on Befesa (ETR:BFSA) in a report released on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities research analysts also recently issued research reports about the company. JPMorgan Chase & Co. set a €44.00 ($51.16) price objective on Befesa and gave the company a buy rating in a report on Tuesday, February 26th. Goldman Sachs Group set a €40.00 ($46.51) price objective on Befesa and gave the company a neutral rating in a report on Thursday, April 11th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of €51.80 ($60.23).
ETR BFSA opened at €37.25 ($43.31) on Wednesday. The company has a market capitalization of $1.27 billion and a PE ratio of 14.01. The company has a debt-to-equity ratio of 181.93, a current ratio of 2.38 and a quick ratio of 2.01. Befesa has a 12 month low of €34.35 ($39.94) and a 12 month high of €46.65 ($54.24).
Befesa SA, a services company, offers waste management solutions. It operates through Steel Dust Recycling Services and Aluminium Salt Slags Recycling Services segments. The Steel Dust Recycling Services segment collects and recycles steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel; and produces waelz oxide and other metals.
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