Zacks Investment Research Downgrades Bureau Veritas (OTCMKTS:BVRDF) to Sell

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Bureau Veritas (OTCMKTS:BVRDF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Wednesday, Zacks.com reports.

According to Zacks, “Bureau Veritas SA provides conformity assessment and certification services. The Company offers a range of services, including asset management, certification, classification services, consulting, inspections and audits, testing and analysis, and training. “

Separately, Morgan Stanley cut Bureau Veritas from an “overweight” rating to an “equal weight” rating in a research report on Monday, August 5th.

Shares of OTCMKTS:BVRDF traded down $0.05 during mid-day trading on Wednesday, hitting $24.80. 100 shares of the company traded hands, compared to its average volume of 151. Bureau Veritas has a 12-month low of $19.05 and a 12-month high of $26.48. The stock has a 50-day moving average price of $24.20 and a two-hundred day moving average price of $24.19.

Bureau Veritas Company Profile

Bureau Veritas SA provides testing, inspection, and certification services in the areas of quality, health and safety, environmental protection, efficiency, and social responsibility. It operates through six segments: Marine & Offshore, Agri-Food & Commodities, Industry, Buildings & Infrastructure, Certification, and Consumer Products.

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