Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Upgraded to “Buy” by Berenberg Bank

Berenberg Bank upgraded shares of Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF – Get Rating) from a hold rating to a buy rating in a report issued on Friday, The Fly reports.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Stock Performance

SBOEF stock opened at $63.89 on Friday. The firm has a 50 day simple moving average of $61.83 and a 200 day simple moving average of $51.99. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a 52 week low of $63.89 and a 52 week high of $63.89.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Company Profile

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Schoeller-Bleckmann Oilfield Equipment AG manufactures and designs drilling equipment for the oil and gas service industry. It operates through the Advanced Manufacturing & Services segment and Oilfield Equipment segment. The Advanced Manufacturing & Services segment comprises of the manufacture and repair of components made of stainless steel.