Bilfinger (ETR:GBF) PT Set at €40.00 by HSBC
HSBC set a €40.00 ($46.51) price objective on Bilfinger (ETR:GBF) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other equities research analysts have also issued reports on the stock. UBS Group set a $70.00 target price on shares of Lumentum and gave the company a buy rating in a research note on Wednesday, May 8th. Independent Research set a €32.00 ($37.21) target price on shares of Bilfinger and gave the company a neutral rating in a research note on Thursday, May 9th. Finally, DZ Bank restated a neutral rating on shares of 1&1 Drillisch in a research note on Thursday, May 16th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of €38.64 ($44.93).
Shares of Bilfinger stock opened at €25.52 ($29.67) on Thursday. The firm has a market cap of $1.03 billion and a price-to-earnings ratio of 119.81. The firm has a 50-day moving average of €27.36. The company has a current ratio of 1.02, a quick ratio of 0.95 and a debt-to-equity ratio of 61.11. Bilfinger has a 1 year low of €24.34 ($28.30) and a 1 year high of €45.14 ($52.49).
Bilfinger SE provides industrial services to customers in the process industry. It offers maintenance engineering and consulting, planning and execution of maintenance measures, coordination of subcontractors, planning and execution of turnarounds, and condition monitoring services; and plant engineering, piping and steel construction, plant demolition and conversion services; and operates and maintains various industrial plants.
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