Bilfinger (ETR:GBF) Given a €27.50 Price Target at UBS Group
UBS Group set a €27.50 ($31.98) price objective on Bilfinger (ETR:GBF) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other equities research analysts have also recently issued research reports about the stock. HSBC set a €40.00 ($46.51) target price on shares of Bilfinger and gave the company a buy rating in a report on Thursday, July 18th. Independent Research set a €32.00 ($37.21) target price on shares of Bilfinger and gave the company a neutral rating in a report on Thursday, May 9th. Finally, DZ Bank reaffirmed a buy rating on shares of Bilfinger in a report on Thursday, May 16th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has an average rating of Buy and an average target price of €38.00 ($44.19).
The firm’s 50-day simple moving average is €26.52 and its two-hundred day simple moving average is €28.83. The company has a debt-to-equity ratio of 61.11, a current ratio of 1.02 and a quick ratio of 0.95. Bilfinger has a 1-year low of €24.34 ($28.30) and a 1-year high of €45.14 ($52.49). The company has a market cap of $855.35 million and a PE ratio of 99.81.
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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