Independent Research set a €34.00 ($39.53) target price on Bilfinger (ETR:GBF) in a report published on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Other equities analysts have also issued research reports about the company. DZ Bank reiterated a buy rating on shares of Bilfinger in a research note on Thursday, November 14th. HSBC set a €38.00 ($44.19) target price on Bilfinger and gave the company a buy rating in a research note on Monday, October 28th. Finally, UBS Group set a €27.50 ($31.98) target price on Bilfinger and gave the company a neutral rating in a research note on Wednesday, November 13th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of €33.80 ($39.30).

Shares of Bilfinger stock traded up €0.20 ($0.23) during trading on Monday, hitting €31.00 ($36.05). 84,622 shares of the stock traded hands, compared to its average volume of 215,878. The stock’s fifty day simple moving average is €28.33 and its 200 day simple moving average is €27.07. Bilfinger has a 52-week low of €20.70 ($24.07) and a 52-week high of €38.24 ($44.47). The company has a current ratio of 1.20, a quick ratio of 1.13 and a debt-to-equity ratio of 97.25. The firm has a market cap of $1.31 billion and a P/E ratio of -139.64.

About Bilfinger

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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Analyst Recommendations for Bilfinger (ETR:GBF)

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