Tecnicas Reunidas SA Given “Accumulate” Rating at Bankia Bolsa (TRE)

Bankia Bolsa reaffirmed their accumulate rating on shares of Tecnicas Reunidas SA (MCE: TRE) in a research note issued to investors on Wednesday, Stock Ratings Network reports. The firm currently has a €44.00 ($57.14) price target on the stock.

Several other analysts have also recently commented on the stock. Analysts at Morgan Stanley cut their price target on shares of Tecnicas Reunidas SA from €41.00 ($53.25) to €36.00 ($46.75) in a research note to investors on Thursday, May 30th. Separately, analysts at BPI reiterated a buy rating on shares of Tecnicas Reunidas SA in a research note to investors on Monday, May 20th. They now have a €47.00 ($61.04) price target on the stock. Finally, analysts at AlphaValue reiterated a buy rating on shares of Tecnicas Reunidas SA in a research note to investors on Thursday, May 16th. They now have a €50.10 ($65.06) price target on the stock.

One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of €42.30 ($54.94).

Tecnicas Reunidas SA (MCE: TRE) is a Spain-based company engaged in the engineering and construction of industrial facilities.

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