Bilfinger (ETR:GBF) Shares Up 0.7%

Bilfinger SE (ETR:GBF)’s share price shot up 0.7% during trading on Wednesday . The stock traded as high as €26.86 ($31.60) and last traded at €26.76 ($31.48). 88,782 shares were traded during trading, a decline of 59% from the average session volume of 215,878 shares. The stock had previously closed at €26.58 ($31.27).

Several brokerages have issued reports on GBF. Independent Research set a €32.00 ($37.65) target price on Bilfinger and gave the stock a “neutral” rating in a research report on Tuesday, February 16th. DZ Bank reissued a “buy” rating on shares of Bilfinger in a research report on Monday, May 17th. Finally, UBS Group set a €28.50 ($33.53) target price on Bilfinger and gave the stock a “neutral” rating in a research report on Wednesday, May 19th.

The company has a 50 day moving average price of €28.87. The company has a current ratio of 1.68, a quick ratio of 1.58 and a debt-to-equity ratio of 45.57. The company has a market capitalization of $1.05 billion and a PE ratio of 8.14.

About Bilfinger (ETR:GBF)

Bilfinger SE provides industrial services to customers in the process industry primarily in Europe, North America, and the Middle East. The company offers maintenance engineering and consulting, planning and execution of maintenance, coordination of subcontractors, planning and execution of turnarounds, and condition monitoring and asset integrity assessments services; and plant engineering, piping and steel construction, and plant demolition and conversion services; and operates and maintains various industrial plants.

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