Bureau Veritas SA (OTCMKTS:BVRDF – Get Rating) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as $26.13 and last traded at $26.13, with a volume of 732 shares traded. The stock had previously closed at $26.28.
A number of research firms have weighed in on BVRDF. Credit Suisse Group started coverage on shares of Bureau Veritas in a report on Wednesday, June 1st. They set a “hold” rating and a $28.50 price target for the company. Morgan Stanley boosted their price objective on Bureau Veritas from €30.00 ($31.58) to €30.80 ($32.42) and gave the stock an “equal weight” rating in a research report on Friday, May 6th. Finally, Barclays raised their target price on Bureau Veritas from €29.50 ($31.05) to €30.00 ($31.58) and gave the company an “equal weight” rating in a report on Monday, April 25th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $27.86.
The company has a 50-day moving average of $28.09 and a 200 day moving average of $29.20.
Bureau Veritas SA provides laboratory testing, inspection, and certification services. It operates through six segments: Marine & Offshore; Agri-Food & Commodities; Industry; Buildings & Infrastructure; Certification; and Consumer Products. The company engages in the inspecting, analyzing, auditing, and certifying the products, assets, and management systems of its customers in relation to regulatory benchmarks or volunteers, as well as issues compliance reports.
- Get a free copy of the StockNews.com research report on Bureau Veritas (BVRDF)
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