HSBC Reiterates €40.00 Price Target for Bilfinger (ETR:GBF)
HSBC set a €40.00 ($46.51) price target on Bilfinger (ETR:GBF) in a research report released on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other brokerages also recently commented on GBF. DZ Bank reiterated a neutral rating on shares of 1&1 Drillisch in a research report on Thursday, May 16th. Independent Research set a €32.00 ($37.21) price objective on Bilfinger and gave the stock a neutral rating in a research report on Thursday, May 9th. Finally, UBS Group set a $70.00 price objective on Lumentum and gave the stock a buy rating in a research report on Wednesday, May 8th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of €38.64 ($44.93).
Shares of GBF stock opened at €25.52 ($29.67) on Thursday. The stock has a 50 day moving average price of €27.36. 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 12 month low of €24.34 ($28.30) and a 12 month high of €45.14 ($52.49). The company has a market cap of $1.03 billion and a P/E ratio of 119.81.
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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