Bilfinger (ETR:GBF) Reaches New 52-Week Low at $21.32
Shares of Bilfinger SE (ETR:GBF) hit a new 52-week low during trading on Wednesday . The company traded as low as €21.32 ($24.79) and last traded at €22.20 ($25.81), with a volume of 126893 shares trading hands. The stock had previously closed at €21.32 ($24.79).
Several research analysts have issued reports on GBF shares. HSBC set a €40.00 ($46.51) target price on Bilfinger and gave the company a “buy” rating in a research report on Thursday, July 18th. Independent Research set a €23.00 ($26.74) price target on shares of Bilfinger and gave the stock a “neutral” rating in a research report on Monday. DZ Bank reissued a “buy” rating on shares of Bilfinger in a report on Friday, August 16th. Finally, UBS Group set a €27.50 ($31.98) price objective on Bilfinger and gave the stock a “neutral” rating in a report on Wednesday, August 14th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. Bilfinger currently has an average rating of “Buy” and a consensus price target of €36.71 ($42.69).
The company has a debt-to-equity ratio of 97.25, a current ratio of 1.20 and a quick ratio of 1.13. The business’s 50 day moving average price is €26.52 and its 200-day moving average price is €28.83. The firm has a market capitalization of $894.01 million and a price-to-earnings ratio of -100.00.
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.
Further Reading: What is Green Investing?
Receive News & Ratings for Bilfinger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bilfinger and related companies with MarketBeat.com's FREE daily email newsletter.