AlphaValue Reiterates “Sell” Rating for Koninklijke BAM Groep NV (BAMNB)

Koninklijke BAM Groep NV (AMS: BAMNB)‘s stock had its “sell” rating restated by investment analysts at AlphaValue in a note issued to investors on Thursday, AnalystRatingsNetwork.com reports. They currently have a €3.32 ($4.31) price objective on the stock.

Shares of Koninklijke BAM Groep NV (AMS: BAMNB) traded down 0.27% during mid-day trading on Thursday, hitting €3.648. Koninklijke BAM Groep NV has a one year low of €1.912 and a one year high of €3.976. The stock’s 50-day moving average is currently €2.46.

Other equities research analysts have also recently issued reports about the stock. Analysts at Kempen & Co reiterated a “buy” rating on shares of Koninklijke BAM Groep NV in a research note to investors on Tuesday, June 4th. They now have a €4.50 ($5.84) price target on the stock. Finally, analysts at ABN Amro reiterated a “hold” rating on shares of Koninklijke BAM Groep NV in a research note to investors on Wednesday, May 15th. They now have a €3.40 ($4.42) price target on the stock.

One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of €3.89 ($5.06).

Koninklijke BAM Groep NV (AMS: BAMNB) is a Netherlands-based construction and property services enterprise.

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