Bureau Veritas (OTCMKTS:BVRDF) Lifted to Buy at Deutsche Bank Aktiengesellschaft
Bureau Veritas (OTCMKTS:BVRDF) was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday, The Fly reports.
Other analysts have also recently issued reports about the company. Zacks Investment Research upgraded Bureau Veritas from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a research note on Tuesday. BNP Paribas raised Bureau Veritas from a “neutral” rating to an “outperform” rating in a report on Monday, December 7th. Morgan Stanley reaffirmed an “overweight” rating on shares of Bureau Veritas in a report on Thursday, December 3rd. Exane BNP Paribas raised Bureau Veritas from a “neutral” rating to an “outperform” rating in a report on Monday, December 7th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating on shares of Bureau Veritas in a report on Thursday, December 17th. Two research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $30.00.
Bureau Veritas stock opened at $26.96 on Thursday. Bureau Veritas has a 1-year low of $16.91 and a 1-year high of $28.46. The stock has a market cap of $12.04 billion, a PE ratio of 23.65 and a beta of 1.22. The stock’s fifty day moving average is $26.75 and its two-hundred day moving average is $23.95.
Bureau Veritas SA provides testing, inspection, and certification services in the areas of quality, health and safety, environmental protection, efficiency, and social responsibility. It operates through six segments: Marine & Offshore; Agri-Food & Commodities; Industry; Buildings & Infrastructure; Certification; and Consumer Products.
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